Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

ICO fines Marriott 18.4 million pounds for failing to secure customer data

10/30/2020 | 06:04am EST

(Reuters) - Britain's data watchdog said on Friday it has fined Marriott International 18.4 million pounds ($23.98 million) in a six-year old cyber attack on its Starwood hotels reservation system in one of the largest data breaches in history.

The hack began in 2014, before Marriott offered to buy Starwood Hotels, and affected 339 million guest records.

The Information Commissioner's Office (ICO) said that Marriott failed to put appropriate measures in place to secure customers' personal data from the attack, which was from an unknown source and remained undetected until September 2018.

The regulator added that it traced the cyber attack back to 2014, but the penalty only relates to the breach from March 25, 2018, when new rules under the General Data Protection Regulation (GDPR) came into effect.

The fine is much lower than the 99.2 million pounds penalty the data watchdog had proposed to levy on the hotel operator last year.

The company is also facing a London class action by millions of former guests demanding compensation.

"Marriott does not intend to appeal the decision, but makes no admission of liability in relation to the decision or the underlying allegations," the hotel chain said.

The personal data may have included names, email addresses, phone numbers and unencrypted passport numbers among other things, the ICO said.

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Shailesh Kuber)

© Reuters 2020
Latest news "Economy & Forex"
05:25pROYAL AUSTRALIAN NAVY : Arunta returns home after more than 160 days at sea
05:16pChile's Senate greenlights second pension withdrawal bill
05:16pNEWS HIGHLIGHTS : Top Global Markets News of the Day
05:16pNEWS HIGHLIGHTS : Top Company News of the Day
05:15pCENTRAL BANK OF BELIZE : Scotiabank (Belize) Ltd. Sale of Shares
05:09pPassengers and freight transportation in the Republic of Moldova in January-September 2020
05:09pExternal trade activity of the Republic of Moldova in January-September 2020
05:05pST BARBARA : Appendix 3G
04:50pEU warns decision on UK financial services won't come before January 1
04:43pROXGOLD : Utilizes Pre-emptive Rights to Buy Back 0.3% NSR on the Séguéla Gold Project
Latest news "Economy & Forex"