50 percent of organisations did not disclose data breaches to customers

According to a new CyberArk survey, half of organisations (50 percent) did not fully inform customers when their personal data was compromised in a cyber attack. With enforcement of the General Data Protection Regulation (GDPR) anticipated for May 2018, organisations that do not take action to improve transparency associated with breaches will face substantial consequences.

Worldwide security spending to reach $96 billion in 2018

Gartner, Inc. forecasts worldwide security spending to total $96.3 billion in 2018, an increase of 8 per cent from 2017. Organisations are spending more on security as a result of regulations, shifting buyer mindset, awareness of emerging threats and the evolution to a digital business strategy.

Breaches? Yes; fines? No

Research from Proofpoint reveals that whilst the majority (54%) of UK businesses expect a data breach in the next 12 months, only 48 per cent of respondents agree that their business is financially prepared to cover the European Union General Data Protection Regulation (EU GDPR) fines when the deadline arrives on 25th May 2018.

Tracking the cybersecurity trends of 2017 helps to predict what to combat in 2018

With 2018 on the horizon, experts are readily analysing and making predictions about the types of cyber threats we can expect to see in the year ahead. But to gain a complete understanding it’s important to recognise where the existing threats lie. With that, Simon Bain, CEO of BOHH Labs, ranks ransomware, mobile and IoT device security, as well as cyber security skills shortages, as having been some of the biggest challenges over the last 12 months.

Security attacks come at speed and scale

Fortinet has published the findings of its latest Global Threat Landscape Report. The research reveals that high botnet reoccurrence rates and an increase of automated malware demonstrate that cybercriminals are leveraging common exploits combined with automated attack methods at unprecedented speed and scale.

The Norwegian Data Protection Agency prepares for the introduction of GDPR

The new EU General Data Protection Regulation (GDPR) comes into force in May 2018. One of the consequences is that many organizations and businesses must appoint a Data Protection Officer (DPO) to ensure compliance with the legislation. The Norwegian Data Protection Agency is the supervisory body for the establishment of the DPOs, and the Authority now establishes a national registry for DPOs, a solution developed by Tieto.

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