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It’s understood that business data breach headlines are still being ignored by business leaders, despite the monumental costs and consequences they can have.
Although the research and studies bring about all sorts of facts and figures, another recent worrying one indicated that only around a third of businesses are properly investing in new software to protect themselves against the increasing risks of hacks and business data breaches.
With huge names suffering massive losses as a result of big breaches, this number really isn’t reflective of a proper desire to protect the data they hold.
Are we seeing an increase in GDPR data breach instances since the new rules came into force in May 2018, or is it just a case of more reporting?
According to recent research, reports of GDPR data breach incidents more than doubled between May, which saw the new rules come into force on 25th, and June 2018 the following month. Does this mean that incidents massively spiked and increased during that short period of time, or are organisations so in fear of the new rules that they’re reporting every little breach that may be happening?
The results are what we expected.
It’s important for people to know their data protection rights, and CCTV and GDPR considerations is a new thing for people and organisations to consider.
It has been suggested that many do not know that GDPR has an impact on CCTV since the new changes in power came in to affect in May 2018. CCTV is, after all, widespread – really widespread – throughout the UK. It’s now also commonly used by organisations in the office as well as outside an office for security, and is typically used on-board commercial vehicles, largely for security, legal and health and safety reasons.
But, what about the relationship between CCTV and GDPR?
The Yahoo hacker sentenced to a five-year prison term is reportedly being forced to pay the value of his entire assets of $2,250,000.00 as a fine.
The 23-year-old with Canadian citizenship admitted to hacking some 11,000 accounts between 2010 and 2017, allegedly on behalf of Russian agents who tasked him with hacking specific targets of interest to them.
The Yahoo hacking and data breach scandals have been amongst the biggest in the history of the world, with billions of accounts reportedly compromised.
Business data protection is simply not up-to-scratch. As organisations plough billions into digital technologies, cybersecurity is getting left behind.
Recent figures suggested that two-thirds of businesses are currently embroiled in what are known as “digital transformation” projects, with spending on software increasing by 50pc. But what’s missing is the respect for cybersecurity and the understanding of the threats businesses are facing, and as a result, countless organisations are falling short.
Unless business data protection is treated as the priority it needs to be, breaches and hacks may never stop.
The rapidly growing market for the Internet of things and the data security for such devices is an issue that must be addressed sooner rather than later.
Today, we have doorbells, boilers, TVs and even children’s toys that have joined the list of smart devices, not long after the smart mobile industry paved the way.
Home security cameras are also increasingly popular these days, and while we use such products for the purposes of security and convenience, what about data security? Is the data security of the Internet of things being left behind?
A key question right now is whether there is a Ticketmaster GDPR fine on the horizon. With the Ticketmaster data breach being the big data news recently, what punishments are they set to face?
We’ve already taken cases on for victims of the Ticketmaster data breach, and although any fine or penalty issued by the UK’s data watchdog, the Information Commissioner’s Office (ICO), is independent of the legal action we’re taking, we’re closely monitoring the ICO developments.
Given the dates that the data was exposed, they could be set for a GDPR fine, and we think this would be justified.
The Ticketmaster data breach may well be this year’s big data breach incident. This week, Ticketmaster reached out to customers and admitted a huge data breach potentially affecting thousands of people.
It’s understood that the Ticketmaster data breach stems from a third-party security breach at a supplier. They say that malicious software was found on a “customer support product” hosted by a company named Inbenta Technologies.
People who used the service between February 2018 and June 2018 may be affected, and the nature of the data compromised in this breach is serious.
Unless you’ve not been paying attention to recent news, there has been a huge Dixons Carphone data breach.
The data breach is thought to have affected almost six million people’s data: that’s the data for some 5.9 million payment (debit and credit) cards being exposed, as well as 1.2 million personal data records being exposed as well.
Of the millions of credit and debit card details exposed, more than 100,000 apparently did not have chip-and-pin protection, leaving them in a potentially more vulnerable position of fraud.
The study’s findings claim that millions of children are victims of identity fraud that can lead to families being millions of pounds out of pocket. The study also indicated that children can be far more likely to have their information compromised, and researchers saying that children are targeted more because they offer a “blank slate” when it comes to their identities and financial histories.
Greater restrictions are set to be in place for the international transfer of data when the new GDPR comes into force next month. Current legislation already imposes restrictions and caveats on data transferred outside the EU, but the new changes are set to ensure that the additional protection GDPR allows for is not undermined outside of Europe.
In an increasingly globalised society, it’s easy for data to be fired around the world in a matter of seconds, but data moved outside of the UK cannot be allowed to be more vulnerable.
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There are masses of medical data stored on servers around the world and unfortunately hackers manage to find ways into these storage systems and gain access to this highly sensitive data.
This can be particularly relevant in the U.S., where their healthcare system means records are managed by a number of private organisations, or sourced to private entities whose responsibility is to manage medical records for several healthcare institutes. Although such ease of access can be beneficial from a medical perspective, the danger is the growing exposure of medical data to being hacked.
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