One of the biggest consumer credit reporting agencies in the United States is learning a harsh lesson. A massive breach that affected personal information of 143 million U.S. consumers has led to the forced retirement of Equifax’s chief information officer and chief security officer, a 13 percent drop in market valuation, several class action lawsuits and a deterioration in public trust.
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Nine in ten IT execs in the UK are concerned with the security of the public cloud, and almost 20% do not deploy security for sensitive data stored outside the company’s infrastructure, according to a recent Bitdefender survey. Half of those surveyed admit cloud migration has significantly expanded the size of the border they have to defend, while only one in five encrypts already migrated data.
The use of machine learning algorithms in the security industry has become a necessity with the rapid growth of malware samples. Obfuscation, polymorphism and encryption have caused a surge in new malware, which now numbers in the hundreds of millions of samples hunting on the internet.
GDPR, a new legal framework, was approved in the European Union in April 2016, after a seven-year journey from idea to implementation. The regulation addresses consumer rights and data privacy in relation to business conducted in EU member states.
The second rule of data breaches should be (the first being don’t have one) to stop doing harm. On this account, Experian failed considerably.
Businesses embracing agility and scalability as part of digitalization onboarding will have to adhere to hybrid compute and storage models based on multiple infrastructure as a service (IaaS) and platform as a service (PaaS) providers, according to Gartner's Strategic Roadmap for Datacenter Infrastructure report that can be downloaded here. With 10 percent of organizations closing off their on-premise data centers by the end of 2018, 80 percent of enterprises will adhere to IaaS and PaaS by 2019.
We can’t always make it to the conference, and when we do we can’t always get to see every talk we’d like to see. That’s one of the reasons why I like to shop around YouTube from time to time and look for talks I wish I’d seen in person.
Credit-reporting company Equifax Inc. said Thursday that hackers gained access to some of its systems, compromising the personal information of about 143 million U.S. consumers, according to WSJ.
Wednesday was a big day for car manufacturer Nissan as it launched a new version of its best-selling Leaf electrical car, which claims to be able to travel 50% further on a single battery charge than it predecessor, and incorporates an innovative one-pedal driving system.
With 200 pages telling businesses how to handle customer data come May 2018, the EU’s General Data Protection Law has inadvertently created a long list of job openings – 75,000 by some estimates – for those who can responsibly juggle big chunks of data.
China’s new cyber-security law, in effect since June 1st, contains vague and onerous language that authorities could invoke to compel security checks, forcibly demand data or to inspect proprietary technology.
The education sector is one of the most targeted by cybercriminals, partly because it often overlooks compliance with government regulations on security and data protection. Unlike other industries, education is not as well-trained on security guidelines, has little device protection in place, and unwittingly encourages a bring-your-own-device environment.