Uber Updates Bug Bounty Program

Uber last week updated the legal terms of its bug bounty program and provided guidance for good faith vulnerability research. The changes come just months after the ride-sharing giant admitted paying a couple of individuals as part of an effort to cover up a massive security incident. Uber says it has addressed nearly 200 flaws for…

Should governments regulate social media data collection?

Venafi announced the results of a survey querying 512 security professionals attending RSA Conference 2018. The survey evaluated opinions on the intersection of cyber security, privacy threats and government regulation. According to the survey, 70 percent of respondents say governments should regulate the collection of personal data by social media companies to protect user privacy. However,…

We’re not going on a summer holiday

You know the saying: “If it ain’t broke, don’t fix it.” Cybercriminals seem to have taken that truism to heart, because they continue to reuse the same old scams — and they never fail to find victims. Last summer, social media worldwide were flooded with reposts of fake airline giveaways. We covered it at the time,…

Unsurprisingly, most won’t be ready for GDPR on 25th May

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 AI business value to reach $1.2 trillion in 2018

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…

How to manage IT risk without killing innovation

Startup slogans are inescapable in tech: Move fast. Break things. Minimum viable product. These are exciting ideas, for sure, but to put them to use in IT, you’ll need to tailor them to your context. For IT executives running established businesses, the risk-reward scenario is different. Thousands or millions of customers depend on your infrastructure….

Cambridge Analytica Says it is ‘No Bond Villain’

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…

Largest inhibitor of cyber insurance market growth? Silent cyber risk

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…