South Staffordshire PLC has been fined nearly £1 million by the UK's Information Commissioner's Office (ICO) for a significant data breach. The water company failed to adequately protect customer data, which was compromised by the Cl0p ransomware group. This breach, which went undetected for almost two years, exposed personal information and led to the ICO imposing a substantial penalty. AI
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RANK_REASON Regulatory fine for a company's data security failure.