How many adults trust companies with their personal data?
More than one third (36%) of adults aged 16–75 trust companies and organizations with their personal data more since GDPR came into effect one year ago, according to TrustArc. There are positive sentiments toward enforcement activity, and half (47%) of respondents have exercised some of their GDPR privacy rights. 57% of respondents are also more…
GDPR and the Cloud
New protections for consumers, such as the EU’s General Data Protection Regulation (GDPR)— which is celebrating its first anniversary, and the new California Consumer Privacy Act (CCPA), provide consumers with added protections to ensure their privacy and prevent issues related to data theft or misuse. They do this by defining what is meant by personally…
Data privacy: A hot-button issue for Americans one year after GDPR
The General Data Protection Regulation (GDPR) went into effect in the European Union a year ago this month. GDPR, which gives EU citizens more control over their personal data by mandating how businesses must handle that information, has attracted great interest around the world. In addition, it has inspired government officials elsewhere in the world…
The largest breaches over the past three years have caused massive and irreparable damage
Publicly traded companies suffering the worst data breaches averaged a 7.5 percent decrease in stock price, a Bitglass report reveals. Bitglass researched the three largest data breaches of publicly traded companies from each of the last three years in order to uncover cybersecurity trends and demonstrate the extensive damage that can be done by improper…
GDPR Drives Changes, but Privacy by Design Proves Elusive
In the year since it went into effect, the European Union’s General Data Protection Regulation (GDPR) has heightened awareness of data privacy issues and driven some important changes in how US companies handle consumer data. However, most organizations appear to be a long way off from implementing GDPR’s core requirement for a privacy-by-design model for…
Three ways GDPR benefits US companies
It’s hard to believe we’ve almost reached the one-year anniversary of the date the General Data Protection Regulation (GDPR) went into effect. Leading up to that May 25, 2018 date, news headlines were dominated by fear, uncertainty and doubt over whether organizations would successfully comply in time. Over the past year, we saw an endless…
Is curiosity killing patient privacy?
The digitization of healthcare is changing the face of fraud. With the growth of electronic health records (EHRs), online patient portals and virtual clinics, a wealth of sensitive medical information is available across multiple digital channels and while hackers and cybercriminals pose a massive risk to this information, it’s not just “outside” fraudsters that are…
Government embracing digital transformation but struggling to implement data security
The push towards digital transformation in the U.S. government is putting sensitive data at risk, according to a Thales research conducted by analyst firm IDC. The 2019 Thales Data Threat Report – Federal Edition, indicates that as agencies embrace new technologies, such as multi-cloud deployments, they are struggling to implement proper data security. “As digital…
Trust is at a tipping point: Consumers will react strongly if they feel their privacy is compromised
There’s a stunning lack of consumer trust in the ability of private and public sector organizations to protect their data, as well as sharply conflicting views between businesses and consumers regarding transparency in data collection and use, a Privitar research reveals. In the 2019 Privitar Privacy Pulse, released at the International Association of Privacy Professionals…
Cybercriminals targeting social media: Facebook and Instagram are becoming phishers’ favorites
Social media phishing, primarily Facebook and Instagram, saw the highest quarter- over-quarter growth of any industry with a 74.7 percent increase, according to the Vade Secure Phishers’ Favorites report for Q1 2019. While Facebook has been in the top 10 since report’s inception, Instagram cracked the top 25 for the first time, taking the #24…