Remove category cyber-insurance
article thumbnail

Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Healthcare Data Privacy Laws.

article thumbnail

UK Information Commissioner’s Office Fines Construction Company £4.4 Million for Breach of Security Obligations

Hunton Privacy

On October 24, 2022, the UK Information Commissioner’s Office (“ICO”) issued a £4.4 million fine to Interserve Group Limited for failing to keep employee personal data secure, which violates Article 5(1)(f) and Article 32 of the EU General Data Protection Regulation (“GDPR”), during the period of March 2019 to December 2020.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Global Scamdemic: Scams Become Number One Online Crime

Security Affairs

Threat hunting and adversarial cyber intelligence company Group-IB published a comprehensive analysis of fraud cases on a global scale. Insurance companies around the world are now suffering from phishing. Over the past year, an average of over 100 phishing websites were created per insurer. ” About the Author: Group-IB.

article thumbnail

Scanning for Flaws, Scoring for Security

Krebs on Security

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? the security posture of vendor partners). How useful is such a score?

Security 201
article thumbnail

ICO issue fine of £4.4 to Interserve for security failings

DLA Piper Privacy Matters

The ICO found that Interserve had failed to put appropriate technical and organisational measures in place to secure personal data (in contravention of Articles 5(1)(f) and 32 GDPR) for a period of ~20 months. The attacker then compromised four HR databases containing data of 113k employees and former employees. The Incident.

article thumbnail

How to Develop an Incident Response Plan

eSecurity Planet

Or as is often the case with security, what costs can we skip and still escape big penalties later? Unfortunately for those of us indulging in wishful thinking, the likelihood and costs of data breaches continue to increase. The Ponemon Institute estimates that data breach costs rose to an average cost of $4.24

Insurance 122
article thumbnail

GDPR Compliance Obligations: The relationship between Data Controllers and Third-Party Processors

AIIM

Data Privacy and Open Data: Secondary Uses under GDPR. Mitigate Data Privacy and Security Risks with Machine Learning. The Privacy and Security Dichotomy. GDPR and Cross Border Data Flows between the EU and the US: Current State of the Law. GDPR Compliance Starts with Data Discovery.

GDPR 83