Remove category financial-privacy
article thumbnail

Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. GDPR-style data privacy laws came to the U.S. with the California Consumer Privacy Act (CCPA) effective Jan.

article thumbnail

What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Prevent Malware: 15 Best Practices for Malware Prevention

eSecurity Planet

Malware attacks pose a significant risk to both individuals and businesses, infiltrating computer systems, compromising sensitive data and disrupting operations, leading to financial and data loss — and even extortion. Regularly Back Up Your Data Regular encrypted backups can help keep important data safe from data loss or ransomware.

Passwords 120
article thumbnail

How to prepare for the California Consumer Privacy Act

Thales Cloud Protection & Licensing

375 the California Consumer Privacy Act (CCPA), making California the first U.S. state to pass its own data privacy law. There are some exceptions to this deletion requirement though, such as if the PI is needed to complete a financial transaction. (5) The CCPA, which will come into effect on Jan. Currently, every U.S.

Privacy 92
article thumbnail

The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

Consumer privacy rights in California are well established. The California Constitution expressly grants California citizens a right to privacy. The International Association of Privacy Professionals estimates at least 500,000 U.S. The ballot initiative largely mirrored what is now the language in the CCPA.

Privacy 58
article thumbnail

New SEC Cybersecurity Rules Could Affect Private Companies Too

eSecurity Planet

This requirement copies the strategies of previous legislation that dramatically improved financial reporting for both public and private companies. Also read: Security Compliance & Data Privacy Regulations. For the board, they must publicly disclose their financial auditing expertise and experience.

article thumbnail

Cloud Security Fundamentals: Understanding the Basics

eSecurity Planet

These standards assist businesses in establishing trust with their consumers, avoiding financial losses due to breaches, and ensuring business continuity. Generally, when you adhere to the cloud security best practices , such as strong authentication, data encryption, and continuous monitoring, the cloud can be extremely safe.

Cloud 117