With less than a month until the GDPR comes into force, many companies will not be ready when it takes effect on May 25th, 2018. 62% of IT Decision Makers (ITDMs) surveyed describe themselves as ‘confident’ in the build-up, with 1 in 5 (18%) saying they are nervous, according to WinMagic. Only half (51%) of companies say they have…

Global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion in 2018, an increase of 70 percent from 2017, according to Gartner. AI-derived business value is forecast to reach $3.9 trillion in 2022. The Gartner AI-derived business value forecast assesses the total business value of AI across all the enterprise vertical sectors covered…

Cambridge Analytica claimed Tuesday it was “no Bond villain” as it vehemently denied exploiting Facebook users’ data for the election campaign of US President Donald Trump. The marketing analytics firm stressed it had deleted data about Facebook users obtained in breach of the social network’s terms of service. The information had been gathered via a…

A new study of the UK cyber risk insurance and broker community reveals startling findings. First and foremost, the insurance industry needs to address non-affirmative cyber in a meaningful way. Second, measurement of cyber risk in financial terms is highly deficient among insurance customers and the insurance industry itself. More than three-quarters (77 percent) of UK cyber…

The US Food and Drug Administration (FDA) plans to tackle security issues related to medical devices and has released a plan of action it means to implement in the near future. Broadly, plan is as follows: Establish a robust medical device patient safety net in the US Explore regulatory options to streamline and modernize timely implementation of…

Companies are taking the new General Data Protection Regulation (GDPR) much more seriously than HIPAA and PCI: 99 percent are actively involved in the process to become GDPR-compliant, despite the cost and internal reorganization involved, a new survey that polled 300 C-level security executives has shown. About half (49 percent) are 75 percent of the…

Companies are struggling with the tug-of-war between advancing digital innovation and ensuring secure digital experiences that maintain user trust and mitigate risk. As part of a study of more than 350 global information technology leaders conducted by Forrester Consulting for Akamai, the results also show that the companies defined as being the most digitally mature – best balancing innovation and security…