According to a survey conducted by storage software vendor Veritas, 2 in 5 or 40% of what the EU calls “data subjects” (and what the rest of us call people) plan to request businesses to tell them what data they have within the first six months after the GDPR goes into effect later this month. […]
Continue reading → [DISPLAY_ACURAX_ICONS]The European Union has passed a new privacy law called the General Data Protection Regulation and it goes into effect in May of 2018. For companies that do not do business or have customers in Europe, this regulation may not effect you. However, if you have customers in Europe, even if you do not […]
Continue reading → [DISPLAY_ACURAX_ICONS]Another day, another healthcare ransomware attack. Erie County Medical Center and Terrace View long term care in Buffalo, New York have been dealing with a ransomware attack for about 10 days now. On April 9th, a Sunday, the computers got hit by what they are only calling a virus, but according to someone I talked […]
Continue reading → [DISPLAY_ACURAX_ICONS]After Yahoo announced it’s mega breaches and it’s General Counsel was fired, this article is not much of a surprise. John Reed Stark, head of his own consulting firm but formerly of the Chief of the SEC’s Office of Internet Enforcement and former Law professor at Georgetown Law and David Fontaine, CEO of the billion […]
Continue reading → [DISPLAY_ACURAX_ICONS]According to a study by the mega-consulting firm Capgemini, only 21% of banking and insurance executives were highly confident in their ability to detect a breach, never mind defend against one. On the other hand, 83% of consumers trust their bank’s and insurance company’s ability to protect their data. So 4 out of 5 […]
Continue reading → [DISPLAY_ACURAX_ICONS]For Financial Service firms, the message is clear. Both FINRA and the SEC are looking over your shoulder to make sure that you are taking cyber security seriously. And the fines are not small. From hundreds of thousands to millions of dollars, firms big and small are getting whacked with fines. In 2014, the SEC […]
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