Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: Cybersecurity is Front and Center of Executive Policy
on July 21, 2021
The first half of 2021 was full of high-profile cybersecurity incidents. So much so, the Biden administration has released an executive order containing directives aimed at boosting IT software security. In theory, this executive order should help organizations avoid falling victim to cyberattacks similar to those experienced by Colonial Pipeline and JBS. The order tightens cybersecurity rules for government contractors and sets up an incident review board to ease the impact of major cyberattacks....
Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: Cyberattacks Are The Number One Risk to Businesses
on June 23, 2021
Online attacks and data loss have been listed in the top three risks of this annual study since 2016; however, 2021 is the first year that fears of cyberattacks claimed the top spot on the list. This rise to number one is largely due, at least in part, to the increase in cybercrime and the severe consequences for companies and their executives that fall victim to such attacks or mishandle consumer data....
Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: Cyberattack on Microsoft Demonstrates Importance of Incident Response Plans
on April 28, 2021
Tens of thousands of Microsoft customers, including many based in the United States (U.S.), have fallen victim to a cyberattack orchestrated by a group of hackers from China. Businesses and government agencies in the U.S. that use Microsoft's email service were affected as the hackers launched an aggressive attack that initially began back in January of 2021....
Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: All-Time High GDPR Fines
on April 14, 2021
The European Union (EU) has begun taking an aggressive approach toward privacy law enforcement. Since the enactment of the General Data Privacy Regulation (GDPR) in 2018, the EU has fined companies over $330 million for breaching data protections regulations. As the number of data use violations continue to increase, we can expect the number of penalties and fines issued against non-compliant actors to continue to grow as well....
Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: GDPR Compliance - Why You May Need a Data Protection Officer
on March 17, 2021
Many U.S.-based companies affected by the GDPR are in the process of revamping their data-processing practices and policies to ensure compliance with the regulation's hefty list of requirements. One very important requirement on that list is the appointment of a DPO. You should take a closer look at the GDPR and your compliance project schedules to determine if your company may need a DPO....