Consumers and cybersecurity professionals around the world have been stunned by Uber’s revelation that it paid hackers $100,000 to delete data on 57 million users stolen last year. There are many strands to the case, and more details are likely to emerge over time. But fundamentally it highlights the need for firms to secure their cloud environments as rigorously as anything on premise.
The EU General Data Protection Regulation (GDPR) is a lengthy piece of legislation, even by European Commission standards. If nothing else, this drives home just how far-reaching and detailed it is. Yet many organisations currently grappling with compliance find it frustratingly short on some of the most important details. New Trend Micro research has found that confusion over some of the key terms in the legislation could mean many aren’t implementing the right cyber-security technologies to keep them compliant.
Layered security is the only way to ensure maximum threat protection, although we’d also encourage regulators to ease the compliance burden by providing more clarity to organisations. Continue reading →
No organisation is breach-proof: we all know that the odds are stacked too high in the attackers’ favour. However, by following industry best practices we can make it as difficult as possible for hackers, and discourage all but the most determined and well resourced. That’s why it will dismay many in the industry to learn that Equifax knew about the vulnerability that it claims led to a massive breach at the firm this year, all the way back in March. However, it was apparently only fully patched months later once the damage had been done.
Given the scale of the breach, and the fact the firm could have been hit with fines of over $60m under the forthcoming GDPR regime, this should serve as yet another cautionary tale to IT leaders. Best practice security, including effective patch management, is called “best practice” for a reason. Continue reading →
The UK government this week introduced its Data Protection Bill, ending months of speculation over just how committed it was to preserving the country’s fast-growing digital economy. If passed, the new legislation will write into UK law the EU General Data Protection Regulation. The good news is, UK IT and business leaders finally have clarity over the future: the GDPR will still apply post-Brexit. The bad news: there’s little more than nine months before the new regulation comes into force.
That’s why we’ve devoted plenty of time to focus on data protection issues at our upcoming CLOUDSEC conference in London next month. It promises to be a must-see event for any IT decision makers still struggling to comply with the sweeping new laws. Continue reading →