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First American Financial Pays Farcical $500K Fine

Krebs on Security

Securities and Exchange Commission settled its investigation into the matter after the Fortune 500 company agreed to pay a paltry penalty of less than $500,000. The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 This week, the U.S. First American Financial Corp.

Insurance 282
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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. But those aren’t the only laws or regulations that affect IT security teams. Healthcare Data Privacy Laws.

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China Releases National Standard on Personal Information Security

Hunton Privacy

On January 25, 2018, the Standardization Administration of China published the full text of the Information Security Technology – Personal Information Security Specification (the “Specification”). The Specification divides personal information into two categories: personal information and sensitive personal information.

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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by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices?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). Image: US Chamber of Commerce.

Security 196
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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.

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How to Create & Implement a Cloud Security Policy

eSecurity Planet

A cloud security policy is a comprehensive document that describes the organization’s guidelines for protecting cloud services. It specifies how data should be secured, who can access it, and the procedures for monitoring permissions. It establishes rules for cloud data security , access management, and threat response.

Cloud 62
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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

No matter the size of a business, a well-defined record retention policy serves multiple purposes: ensuring compliance with legal and regulatory requirements, aiding in efficient document management, and securing sensitive information. Each category will have different legal and operational retention requirements.