Organizations in all sectors are more cognizant than ever of the importance of consumer data. Many companies are also realizing that they must meet new cybersecurity-related laws and regulations, as well, such as GDPR and the California Consumer Privacy Act. Many organizations are actively investing in cloud technology for cybersecurity purposes. However, the truth is that they should also be considering cloud encryption.
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Email Security Protocols For Large Businesses
Coming with the numerous advancements in the cyber world is a high level of porosity that bedevils the security of the billions of internet users that exist today. The 2019 Official Annual Cybercrime Report (ACR) predicts that businesses will fall for ransomware attacks every 14 seconds.
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10 Of the Largest Data Breaches in 2019
According to a RiskBasedSecurity report, 2019 saw approximately 7.9 to 8.5 billion records compromised. To put that in perspective, the world population is currently 7.5 billion. Despite the numerous small breaches throughout 2019, the majority of these records were compromised by a few large breaches and subsequent chain reaction minor breaches.
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The Importance Of Network Security In Large Businesses
Businesses are afraid of what’s out there on the Internet. And rightfully so. Hackers lurk around every network just waiting for the right opportunity to get in. And according to IBM Security’s Cost of A Data Breach 2019 report, the average cost of an incident was $5.11 million globally for companies with over 25,000 employees. The average cost was more than one and a half times as much for U.S. companies overall.
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Cloud Security for Fintech Companies
Financial technology (fintech) companies have gone from novelty to necessity in just a matter of years. Digital banking products, services, and usage exploded over the past decade, making customer’s lives easier and more convenient. But none of this happens without one key part of the fintech backbone: Cloud Technology.
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Data Protection & Social Media: How GDPR Influences Today’s Social Media Platforms
Roughly 57% of the global population now have access to the internet. While being connected to the largest database in the world does bring a host of advantages, it does come at a price. Recent statistics revealed that about 53% of online users are currently more concerned about their online privacy compared to a year ago.
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HITRUST: Common Security Framework
Roughly 38,000 Common Security Framework (CSF) assessments have been performed in the last three years. The Health Information Trust Alliance (HITRUST) is expecting a continuous demand for CSF certification thanks to the third-party assurance requirements from major health organizations.
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Active Consent Required for Storing Cookies in the EU
The Court of Justice of the European Union has ruled that website users must give active consent for cookies to be stored on their equipment.
The European Union’s Ruling
The European Union Court Rules that Active Consent is Required for Storing Cookies.
Big changes with regard to privacy are coming out of the EU. A press announcement from the Court of Justice of the European Union reveals that active consent is required by internet users for strong cookies to be placed on their equipment. The court ruled that active consent is not a pre-checked box that the user must deselect in order to refuse his or her consent.
This ruling was the judgment in Case C-673/17, Bundesverband der Verbraucherzentralen und Verbraucherverbände ? Verbraucherzentrale Bundesverband eV v Planet49 GmbH.
Cookies, of course, are files that websites store on the site user’s computer that the website provider can access when the user visits the website again. The purpose is to facilitate transactions or navigation of the site or to access information about the user’s behavior.
Whether or not the information stored or accessed on the user’s equipment is personal data does not affect the decision.
The Court stated that consent must be specific. Therefore, a user selecting a button to participate in, say, some sort of promotion does NOT mean that the user gave his or her consent to the storage of cookies.
In addition, the Court decided that website service providers must inform users of the duration of the operation of cookies and whether or not third parties may have access to those cookies.
Want to learn more about compliance with EU regulations like GDPR? Contact RSI Security today.
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How to Prevent a Data Breach At a Cannabis Dispensary
Recent numbers indicate that the global legal marijuana market is expected to reach $146.4 billion by the end of 2025. A survey by Grand View Research further added that medical marijuana will likely dominate the market a few years from now with a projected value of $66.3 billion.
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What Is Security Incident Management?
Detecting security events quickly is one of the most important aspects of network security for most companies. Without a full-spectrum overview of all cyber activity, it can be nearly impossible to coordinate defenses and take down threats on the spot. Thankfully, companies can implement a security incident management plan to effectively handle these types of security events if they should arise.