Are firms and regulators prepared for GDPR?

The answer may hinge on if you’re a glass-half-full or glass-half-empty kind of person. While we’re at it, how about regulators’ level of preparedness, anyway? With the enforcement of the General Data Protection Regulation (GDPR) just two weeks away on May 25 , organizations in the United Kingdom are further ahead in their preparations to … More Are firms and regulators prepared for GDPR?

One in five healthcare employees willing to sell patient data, study finds

Almost one in five (18%) employees in the healthcare industry in the United States and Canada said that they would be willing to give access to confidential medical data about patients to an unauthorized outsider for financial gain, a survey for Accenture has revealed. They would expect no more than $500 to $1,000 for their login credentials … More One in five healthcare employees willing to sell patient data, study finds

Cybercrime weighs most heavily on financial service firms

While not the most frequent victims of cybercrime, firms in financial services are facing higher costs relating to such incidents when compared to businesses in any other sector, a study by Accenture and the Ponemon Institute has found. The financial services industry was found to incur cyberattack-induced cost of nearly $18.3 million per firm in 2017 … More Cybercrime weighs most heavily on financial service firms

Concerns about data breaches hitting all-time high

Organizations from various industries across the globe are increasingly hip to the magnitude of the problem posed by data breaches, with 44% of them feeling “very” or “extremely” vulnerable to data threats, according to some of the key takeaways from the global edition of Thales’ 2018 Data Threat Report. This is a sharp increase from 30% … More Concerns about data breaches hitting all-time high

Data Privacy vs. Data Protection: Reflecting on Privacy Day and GDPR

As we approach Data Privacy Day 2018, consider this question: how much risk do you believe theft or exposure of private data poses to human health, safety, or prosperity? ESET security researchers posed that exact question to over 700 US adults last year. Respondents were asked to rate the risk on an eight point scale … More Data Privacy vs. Data Protection: Reflecting on Privacy Day and GDPR