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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing

Thales Cloud Protection & Licensing

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. Tue, 12/22/2020 - 10:08. In recent years, costly breaches and evolving data security concerns have bubbled up to a board level agenda item. Data privacy is not a check-the-box compliance or security item. Privacy Shield was unlawful.

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How are the EU member states progressing in their implementation of the NIS Directive?

IT Governance

On 6 July 2016, the EU officially adopted the NIS Directive (Directive on security of network and information systems) and gave each EU member state just under two years to implement its requirements into national law. Implementation status : Transposed, as the Cyber Security Act (94/2018). 360 of 2018.

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New CNIL €400,000 fine for data security breaches and non-compliance with data retention period under the GDPR

Data Protection Report

The issue giving rise to the financial penalty was a security breach relating to the company’s website notified by a user to the CNIL on 12 August 2018. According to SERGIC, the website’s security breach could have impacted around 29,440 users.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.

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UK: Supreme Court judgment in Morrisons – employer not vicariously liable for data breach

DLA Piper Privacy Matters

In 2018, the Court of Appeal upheld the High Court’s finding that Morrisons had not breached its primary duties owed to its staff as a data controller under the DPA, but that it was vicariously liable for the criminal actions of Mr Skelton. Implications for employers. Thirdly, the judgment leaves many important open questions of law.

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UK: How real is the threat of data protection group litigation in the UK?

DLA Piper Privacy Matters

In the run up to the implementation of the EU General Data Protection Regulation 2016/679, there were various dystopian predictions of huge fines and the rise of US style class action. Although the case considered the old DPA, its findings are equally pertinent to the new Data Protection Act 2018 and the General Data Protection Regulation.