In preparation for GDPR compliance, a global 100 financial services organization embarked on a journey to assess its core information processing environments with the objective of identifying opportunities to strengthen…
European Union’s General Data Protection Regulation (GDPR) will come into effect in May 2018. The regulation put strong emphasis on data privacy and accountability of the businesses. Following are the key highlights of this…
Lack of appropriate security controls in the critical business process increases Data Breach Risk and can result in severe losses. According to a survey by the Ponemon Institute1 , Data…
A recent survey by Aletsec indicates that the american consumers are unsettled by data breach incidents. For over 30% respondents, Data breach indicates sloppiness and lack of professionalism . https://www.alertsec.com/wp-content/uploads/2015/11/Press-Release-Sept-27.pdf
SEC’s 2011 directive asked companies to disclose material information regarding cybersecurity risks and cyber incidents. In Yahoo’s data breach case, Yahoo did not disclose when it first learnt about the…
Data breach costs companies on an average $220 per compromised or lost/stolen records1. Per the Identity theft resource center2, US businesses reported 780 data breach incidents totaling over $170 million…
Trump hotel chain has agreed to pay $50,000 in fines and penalties because of a data breach incident involving 70000 credit card numbers. The key charge against Trump Hotel Collection…
Email mishaps leading to data breaches? According to the following report, google suffered a data breach due to an email error. When dealing with business partners and third party processors, companies need…
In yet another incident involving third party vendor error, name and social security number of 650000 bon secours
Per a recent study by Piper Jaffray, there have been 569 reported breaches this year so far, up