Tag: data security

How diversity in cybersecurity contributes to your company

March 15, 2018

If you’re a security practitioner or long-time reader of this blog, you may be all-too-familiar with the dangers of practicing “checkbox security”. By blindly following rules and directives without appreciating why they’re important, you may make short-term gains while ultimately dooming your long-term goals. That being the case, you may intuitively understand why “checkbox diversity” measures are … More How diversity in cybersecurity contributes to your company

Cybercrime weighs most heavily on financial service firms

February 22, 2018

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

February 16, 2018

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

January 26, 2018

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

Carphone Warehouse faces hefty fine for 2015 breach

January 18, 2018

British mobile phone retailer Carphone Warehouse has been slapped with one of the heftiest fines – £400,000 – by the United Kingdom’s official data watchdog for a security breach dating back to 2015. The Information Commissioner’s Office (ICO) concluded after a detailed enquiry spanning more than two years that the company’s lax approach to security had enabled a compromise … More Carphone Warehouse faces hefty fine for 2015 breach