article thumbnail

How to Prevent Data Breaches: Data Breach Prevention Tips

eSecurity Planet

With the ever-present threat of data breaches, organizations need to adopt best practices to help prevent breaches and to respond to them when they occur to limit any damage. And breaches will occur – because bad guys make a living by figuring out ways to circumvent security best practices.

article thumbnail

Risk Management under the DORA Regulation

IT Governance

The public data set on the ICO (Information Commissioner’s Office) website shows that data security isn’t necessarily better for financial organisations. In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector. million (about £4.70

Risk 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Protection of Privilege in the Aftermath of a Data Breach

Data Matters

United Shore Financial Services, LLC , the plaintiff filed a putative class action against United Shore Financial Services (United Shore) and Xerox Mortgage Services, Inc. The post Protection of Privilege in the Aftermath of a Data Breach appeared first on Data Matters Privacy Blog.

article thumbnail

Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

Major data breaches in recent years are spurring state legislators and regulators across the US into action. The NYDFS Cybersecurity Regulation requires covered entities – banks, insurance companies, and other financial services institutions – to implement a wide range of practices to manage cybersecurity risk.

article thumbnail

Takeaways From CCPA Public Forums

Data Matters

While it’s of course still too early to tell how the AG’s regulations will ultimately shake out, these forums nonetheless are valuable indications of what may be to come as businesses wrestle with several key questions for CCPA compliance. The post Takeaways From CCPA Public Forums appeared first on Data Matters Privacy Blog.

Sales 74
article thumbnail

The UK ICO’s Regulatory Sandbox Points to a Future of Pro-Active Engagement

HL Chronicle of Data Protection

It offers the opportunity to receive access to free and professional expertise and support from the ICO on complying with the GDPR and UK Data Protection Act 2018 during the course of developing products and services. These organisations will participate in the beta phase which is due to run from July 2019 until September 2020.

GDPR 40
article thumbnail

Ireland: DPC Produces “Significant Outputs” for 2022 Concluding 17 Large Scale Inquiries

DLA Piper Privacy Matters

Two-thirds of the GDPR fines issued by EU data protection authorities last year where from the DPC, illustrating a continued commitment to enforcement. The DPC also engaged with the Financial Services Sector on the migration of customer database of mortgage holders following a large loan sale.