With enforcement of the EU's GDPR set to begin on May 25, Australian organizations vary in readiness. Steve Ingram of PwC says it's not too late for companies to prepare for GDPR, but it will be too late to ask regulators for forgiveness if something goes wrong.
Strict HIPAA compliance is a great preparation for compliance with the European Union's General Data Protection Regulation, which will be enforced starting May 25, according to attorneys Robert Stankey and Adam Greene, who provide compliance insights in an in-depth interview.
The EU's General Data Protection Regulation, which will be enforced beginning May 25, has significant implications for how financial institutions worldwide handle customer data, says Brett King, CEO of Moven, an all-digital bank, who sizes up the challenges.
If you're paying attention, you've probably already seen a handful of GDPR-related headlines just today, let alone in the last week or month. But there are two good reasons for the deluge of GDPR discussion right now: It's incredibly important and the time to act is now.
Respiratory care provider Lincare Inc. has signed an $875,000 settlement of a class action lawsuit brought by current and former employees in the wake of a 2017 breach involving a business email compromise scam. The company was previously fined by federal regulators after another breach.
The Trump administration has eliminated the top cybersecurity coordinator role in the White House. The decision has earned a sharp rebuke from lawmakers and former government officials, who say cybersecurity demands a greater - not lesser - prominence in the federal government.
Chili's Grill & Bar is warning customers that an unknown number of payment cards were compromised at an unknown number of corporate-owned locations earlier this year for a period of time it suspects lasted two months. Should Chili's have waited to alert customers until it had more information?
Adequately tracking the nonstop arrival and departure of officials in the Trump White House might require real-time, multidimensional flowcharts. But one thing is clear: The White House is facing a looming cybersecurity knowledge and expertise deficit, and that deficit may soon get worse.
Privacy regulations, user satisfaction concerns and the need to prevent data breaches are driving more organizations that must authenticate users to find "a better way of ensuring that people are who they are when they are accessing critical information," says Tony Smales, CEO of Forticode.
As the European Union's General Data Protection Regulation enforcement date approaches, organizations are working to address challenges, including changing the broadly accepted definition of what constitutes personally identifiable information, says Rashmi Knowles of RSA.
What matters most, right now, to the information security community? At RSA 2018, RSA's president said WannaCry was a wakeup call for vulnerability and risk management. Other experts see artificial intelligence, machine learning and secure coding as hot trends.
New PCI requirements that go into effect June 30 are pushing payment card acquirers, processors, gateways and service providers worldwide to implement more secure encryption protocols for transactions. But are they ready?