Let’s face it, we are all aware of the ever-increasing cyber risk in both our personal lives, workplace and wider society. As consumers we hand over ever-increasing volumes of valuable personal data in the expectation that organizations will invest in robust cyber security to protect it and keep it secure. Legislation also exists to drive standards through UK General Data Protection Regulation (GDPR) with the potential for up to a 4 per cent fine on global turnover for companies failing to adh
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As corporate directors and security teams scramble to ensure they meet the Securities and Exchange Commission's (SEC) new cybersecurity regulations, claims due to mishandling protected personally identifiable information (PII) could rival the cost of ransomware attacks, warns David Anderson, vice president of cyber liability at Woodruff Sawyer, a national insurance brokerage. While privacy claims take years to work through the legal process, "losses are generally just as catastrophic over three
One of the oldest and most successful forms of banking malware has been repurposed into a backdoor trojan described as "significantly dangerous" and likely to be used for ransomware attacks. The new variant of Ursnif malware, also known as Gozi, has been detailed by researchers who suggest it has been purposefully built to power ransomware and data-theft attacks by using malicious Microsoft Office documents to get into users’ computers and requires macros to be activated.
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California has recently created a law known as the California Consumer Privacy Act (CCPA) which will go into effect on January 1, 2020. Similar to Europe’s GDPR regulations, the act aims to inform consumers about the information being collected about them, while giving them the power to decide how that information is handled. This law only protects California consumers and exclusive to the following companies:
- Companies with an annual revenue >$25 Million
- Companies which buy, receive, or sell th
