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Failing to Meet Cybersecurity Standards Can Have Legal Consequences for Companies

Cybercrime is one of the most significant threats facing companies today. With the average cost of a data breach reaching an all-time high of $4.24 million, the business case for cybersecurity has never been stronger. Still, some businesses seem to misunderstand the urgency of meeting current cybersecurity standards.It may help to consider the legal conseque
Publish At:2021-08-30 00:39 | Read:206 | Comments:0 | Tags:Regulatory Compliance fines legal legislation standards secu

Privacy in Q2: In Like a Lion, Out Like a … Lion

For a while, privacy in Q2 was looking like it would follow the season’s idiomatic rule: in like a lion, out like a lamb. But it came roaring back in June with a new U.S. state law, EU adequacy decisions, a new EU data transfer mechanism, and more. As we look back over the second quarter of 2021, several important developments are worth noting.U.S. State Pri
Publish At:2021-08-17 00:10 | Read:475 | Comments:0 | Tags:IT Security and Data Protection data privacy Law legislation

New Bill Could Force U.S. Businesses to Report Data Breaches Quicker

A bipartisan Senate bill would require some businesses to report data breaches to law enforcement within 24 hours or face financial penalties and the loss of government contracts.The legislation from Senate Intelligence Chair and Democratic Senator Mark Warner with Republican Senators Marco Rubio and Susan Collins is just one of several new cybersecurity bil
Publish At:2021-07-21 06:29 | Read:459 | Comments:0 | Tags:Government bill congressional legislation data breach data b

A quick round up of privacy highlights for Q1 of 2021

As expected, the start of 2021 has seen unprecedented movement in the U.S. with 22 states introducing comprehensive privacy legislation and even more introducing specific-use legislation. To date, hundreds of privacy bills were introduced across the states; to give some perspective, more than 50 privacy bills were introduced in New York alone. Undoubtedly a
Publish At:2021-04-16 00:37 | Read:811 | Comments:0 | Tags:IT Security and Data Protection legislation Privacy United S

What Does the HIPAA Safe Harbor Bill Mean for Your Practice?

Getting incentives for the best security practices is a win-win for all healthcare-related entities. For one, you are getting incentives, and secondly, you are making sure that you have a rock-solid defense in terms of security. Many organizations find that the rules and regulations that HIPAA entails are too extensive and overwhelming, however. What’s
Publish At:2021-03-14 23:26 | Read:966 | Comments:0 | Tags:Healthcare HIPAA legislation safe harbor

SCA: Online payments have never been so secure

Have you been shopping online lately? If so, you may have already noticed a change, but if not, here’s the news: paying online is now more secure, and that means it involves an extra step to verify your identity. This is the visible result of the new SCA or Strong Customer Authentication, a requirement to confirm your identity that has just been added
Publish At:2021-02-26 08:16 | Read:976 | Comments:0 | Tags:Mobile News Security Tips legislation PSD2 SCA

Privacy in 2020 and What to Expect for the Year Ahead

2020 was dominated by news of the pandemic and anchored by reality that we all found ourselves in – entire families logging in remotely, trying to keep school and work feeling “normal.” While we tested the limits of what a home office could sustain, the privacy and security of a fully remote world was put front and center. In this piece, we take a look
Publish At:2020-12-28 06:38 | Read:1788 | Comments:0 | Tags:IT Security and Data Protection data privacy data protection

A Look at the Computer Security Act of 1987

U.S. Federal Cybersecurity TodayComputer security regulations have come a long way from their early beginnings.  Even before the Federal Information Security Management Act (FISMA), there was the Computer Security Act of 1987 (CSA). The Computer Security Act was enacted by the 100th United States Congress in response to a lack of computer security prote
Publish At:2020-12-02 02:44 | Read:1402 | Comments:0 | Tags:Featured Articles Government computer security Federal feder

Australia Proposes Security Law to Protect Critical Infrastructure Against Cyber Attacks

The Australian Government is committed to protecting the essential services all Australians rely on by uplifting the security and resilience of critical infrastructure.Increasingly interconnected and interdependent critical infrastructure is delivering efficiencies and economic benefits to operations. However, connectivity without proper safeguards creates v
Publish At:2020-10-26 01:31 | Read:1588 | Comments:0 | Tags:Featured Articles IT Security and Data Protection Australia

Fintech industry developments, differences between Europe and the US

“Put your money in the bank and you can watch it grow.” If there is a statement that shows us how much the financial world has changed it’s this one. With the introduction of negative interest, companies and consumers with a large amount of liquid assets are looking for a different way to handle those assets. This is where the innovative fintech industry
Publish At:2020-09-15 12:43 | Read:1264 | Comments:0 | Tags:Business brexit fintech gdpr legislation online shopping pci

What Is the EU Cybersecurity Act and What Does It Mean for US-Based Businesses?

During the previous weeks, we provided a thorough overview of the EU NIS Directive, focusing on the Operators of Essential Systems (OES), the Digital Service Providers (DSP) and the compliance frameworks. Our review of the EU cybersecurity policy and strategy would be incomplete without mentioning the EU Cybersecurity Act. On 27 June, the European Cybersecur
Publish At:2020-08-31 01:00 | Read:1432 | Comments:0 | Tags:Regulatory Compliance business Cyber Security EU legislation

What to Expect from Brazil’s New Data Protection Law

The European GDPR (General Data Protection Regulation) is one of the most influential consumer privacy laws that has affected 500,000 companies throughout the world. This law has played a crucial role in formulating another substantial privacy law known as the California Consumer Privacy Act that came into effect on January 1, 2020.Similar to the European GD
Publish At:2020-06-28 23:02 | Read:1877 | Comments:0 | Tags:Featured Articles IT Security and Data Protection data prote

Senate renews warrantless collection of web histories

byLisa VaasPeople are spending a lot of time online these days. They’re helping kids with homework, looking up prices for a sick parent’s prescriptions, or visiting who knows what websites in search of who knows what content: researching the pandemic, hanging out virtually with friends, shopping, or whatever else floats their boats.Unfortunately,
Publish At:2020-05-18 12:25 | Read:1838 | Comments:0 | Tags:Law & order Privacy legislation Patriot Act Section 215 snoo

A Conversation with Daniel Monastersky, Expert in Cyber Law

“International cooperation and building awareness are necessary to achieving a more secure world,” Daniel Monastersky Security, in any of its dimensions or spheres, is the first responsibility of any government. In this age of hyperconnection and interoperability, new actors and risks have emerged that have forced governments to carry out major revisions and
Publish At:2017-07-03 16:15 | Read:4649 | Comments:0 | Tags:PandaLabs cybersecurity gdpr guest post legislation

Canada to Enact Legislation Will Require All Businesses to Report Data Breaches

Canada is in the final stages of enacting legislation that will require all companies to report data breaches to the federal government.The Canadian government first passed the legislation back in 2015 as part of the Digital Privacy Act. Due to the need for “related regulations outlining specific requirements,” government officials gave industry
Publish At:2017-02-17 10:40 | Read:5507 | Comments:0 | Tags:Latest Security News Canada data breach legislation


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