Data breaches are costly. According to a recent Ponemon Institute study, the average breach costs an organisation $3.86 million. A separate study found that, although the share price of breach-affected companies shows its sharpest drop 14 days after the breach is made public, there is still a discernible impact on the organisation’s stock valuation three years post-event. By Josh Lefkowitz, CEO of Flashpoint.
Read MoreWhen the General Data Protection Regulation (GDPR) came into effect in May 2018, businesses from all sectors struggled to meet the deadline. According to our research announced around the same time, more than two thirds of companies were not confident of being fully compliant ahead of the GDPR deadline. That said, despite the number of breaches last year, so far, regulators have yet to bring GDPR fines to bear on an organisation that was breached since May 25. Typical investigations into major...
Read MoreHow has GDPR changed the security and compliance landscape? Over the following pages, you’ll find a range of views and opinions as to what’s changed, for better and worse! Here, we start with a GDPR Q and A with Mark Thompson, Global Privacy Lead, KPMG.
Read MoreMay 2019 marks the first anniversary of the General Data Protection Regulation (GDPR), and early numbers make clear that its implementation has been a success as a breach notification law. As such, GDPR has affected multiple aspects of a business. It has created increased requirements for businesses to deal with issues such as security, compliance, data ownership, training and data management. The new regulation will require, for many of businesses, a fundamental change to their internal...
Read MoreToday’s organisations realise that data is a critical enterprise asset, so protecting that data and the applications that hold it makes good business sense. However, different types of information have different protection and privacy requirements. Therefore, organisations must take a holistic approach to protecting and securing their business-critical information. By AJ Thompson, CCO of Northdoor plc.
Read MoreWeak passwords have plagued businesses and security parameters for generations. People tend to set passwords that are easy for them to remember without considering how a weak password will impact the security of their data. This translates to corporate environments where employees tend to use personal passwords, meaning they are inevitably putting their corporate network at risk as it is now far easier for cybercriminals to get hold of an individual's’ personal information and, in turn,...
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