The latest edition of the ISMG Security Report features an analysis of how President-elect Joe Biden is expected to renew international relationships needed in the fight against cyberattacks. Also featured: the pandemic's impact on cybercrime; analysis of Europol's annual cybercrime report.
Two senior U.S. Department of Homeland Security officials have been forced to resign, and a senior cybersecurity official fears he will be fired by the Trump administration, according to news reports. The moves have raised questions over U.S. stability during the transition period to President-elect Joe Biden.
Citing human rights concerns, the European Parliament is moving toward tightening export rules for companies that sell so-called dual-use technologies, such as spyware, to countries outside the EU's 27 member countries.
Privacy advocates in the U.K. have filed a complaint alleging that the Information Commissioner's Office, a watchdog agency, is not doing enough to make sure the digital advertising technology - or AdTech - industry complies with the EU's General Data Protection Regulation.
Inadequate database and privileged account monitoring, incomplete multifactor authentication and insufficient use of encryption: Britain's privacy regulator has cited a raft of failures that contributed to the four-year breach of the Starwood guest reservation system discovered by Marriott in 2018.
As part of a settlement of allegations that Zoom "engaged in a series of deceptive and unfair practices that undermined the security of its users," the U.S. Federal Trade Commission is requiring the video conferencing provider to implement and maintain a comprehensive security program within the next 60 days.
President-elect Joe Biden's approach to cybersecurity will likely mirror that of his old boss, former President Barack Obama. Expect Biden's White House to increase pressure on Russia, practice greater involvement in cybersecurity and return to higher levels of coordination than President Trump demanded.
The Hong Kong Monetary Authority's Cybersecurity Fortification Initiative 2.0, an updated version of a framework designed to strengthen cyber resilience in the banking and financial sector, will officially roll out in January and be implemented over the following two years.
The latest edition of the ISMG Security Report features an analysis of the EU General Data Protection Regulation fines that have finally been imposed on Marriott and BA over serious data breaches each suffered. Also featured: Regional digital fraud trends, and a look at the CISO role and its responsibilities.
The U.S. Justice Department is looking to seize more than $1 billion worth of bitcoin that investigators have linked to the notorious Silk Road darknet marketplace. The cryptocurrency was stored within a mysterious digital wallet that had been dormant for years, but the subject of much speculation.
California voters passed Proposition 24, the California Privacy Rights Act, on Nov. 3, which expands upon the recently activated California Consumer Privacy Act specifically when it comes to enforcement and how businesses handle personal data.
Despite the soaring list of customers reporting data breaches tied to the May ransomware attack on Blackbaud - and numerous legal actions filed against the company - the fundraising software vendor recently told Wall Street that it expects cyber insurance to cover the bulk of its costs associated with the incident.
Large, recently levied privacy fines against the likes of British Airways, H&M and Marriott show regulators continuing to bring the EU's General Data Protection Regulation to bear after businesses get breached. But in the case of Marriott and BA, were the final fines steep enough?
Hotel giant Marriott has been hit with the second largest privacy fine in British history, after it failed to contain a massive, long-running data breach. But the final fine of $23.8 million was just 20% of the penalty initially proposed by the U.K.'s privacy watchdog, owing in part to COVID-19's ongoing impact.
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