Companies that offer goods and services to EU citizens will have to intensify their focus on privacy issues when the European Union’s General Data Protection Regulation (GDPR) takes effect in April 2018, according to a report by consultancy firm PwC.
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Businesses risk fines of 4% of annual revenue for failing to comply with GDPR, PwC says
Among the hottest trends in data center technology today is the growth of hyperconvergence, an IT infrastructure framework in which virtualized computing, networking and storage components are tightly integrated within a data center.
Public Cloud Services Market to Grow 18% to $246.8 Billion in 2017, Gartner says
The global public cloud services market is expected to grow by 18 percent in 2017 comparted to 2016, totaling $246.8 billion this year, from $209.2 billion last year, according to Gartner.
Cloud security spending increased for 49 percent of UK companies in the past year, while the IT security budget for other security activities remained the same, according to a Bitdefender survey of 153 IT decision makers in the United Kingdom in companies with more than 1,000 PCs.
Three in four US CISOs in companies that suffered a breach don’t know how they were hacked
Some 34 percent of companies were breached in the past 12 months, while 74 percent of IT decision makers don’t know how their company was breached, according to a Bitdefender survey of 250 IT decision makers in the United States in companies with more than 1,000 PCs.
Two-thirds of US companies would pay to avoid public shaming scandals after a breach
Some 66% of companies would pay an average of $124k to avoid public shaming scandals following a security breach, according to a Bitdefender survey of 250 IT decision makers in the United States in companies with more than 1,000 PCs.
We are pleased to inform you that Business Insights, which has drawn much inspiration from readers like you over the past year, has won the Best Corporate Security blog award at this year’s RSA Conference in San Francisco!
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Boards focus on cyber-risk regularly, but only 1 in 7 have deep security knowledge
Nearly 90 percent of directors at public companies say their board discusses cyber-risk regularly, yet only 14 percent of boards have in-depth knowledge of cyber-risks, according to a survey by the National Association of Corporate Directors (NACD), cited by Internal Auditor.
Last year was a record year when it came to attendance for the RSA Conference. More than 40,000 attendees arrived at the Moscone Center to learn about and discuss the latest in cybersecurity trends ranging from cybersecurity big data analytics, application security, to forensics and incident response and everything in-between.
Fight Back against Advanced Persistent Threats with Bitdefender Hypervisor Introspection, Showcased at RSA 2017
This year’s leading security conference, RSA, takes place February 13-17 in San Francisco, California, where the world’s best security researchers will present the findings of their latest research against cybercrime.
Eighty nine percent of organizations do not evaluate the financial impact of every significant breach and, of those that have suffered a cyber incident in the last year, nearly half have no idea what the financial damage is or could be, according to research by EY.
Fake news has been in the headlines a lot lately, after becoming a major topic of discussion during the recent U.S. presidential election. What many people might not realize—and what IT and security executives need to think about—is the security implications of fake news sites.
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