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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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MY TAKE: A primer on how ransomware arose to the become an enduring scourge

The Last Watchdog

insurance giant Beazley Worldwide reported that the average ransomware demand in 2018 was more than $116,000, a figure admittedly skewed by some very large demands. And fully 91% of poll takers said their clients had been hit by ransomware in the past 12 months, with 40% reporting more than six separate attacks during the past year.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Designing an Enterprise-Level Approach. Principle 5.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Luckily for cybersecurity startups, there’s no shortage of interest in tomorrow’s next big security vendors. Investments in cybersecurity more than doubled from $12 billion to $29.5 How to Land a Round of Funding Securing Data and Infrastructure is Hot. How Do VC Firms Work? Top Cybersecurity Venture Capital Firms.