Yesterday, the UK government announced a new £1.9bn cyber security strategy, which includes an increase in automated defences to combat malware and spam emails, investment to recruit 50 specialists to work on cybercrime at the NCA, the creation of a Cyber Security Research Institute, and an “innovation fund” for cyber security start-ups. Here are some of the industry comments Help Net Security received. Jason Hart, CTO Data Protection at Gemalto It’s encouraging to see that … More
Source: helpnetsecurity

96 percent of companies still do not fully understand the European General Data Protection Regulation (GDPR), despite it coming into effect in May 2018. Elements respondents believe to be part of the GDPR The results of Symantec’s State of European Data Privacy Survey, which was conducted through interviews with 900 business and IT decision makers across the UK, France and Germany, shows 91 percent of respondents have concerns about their ability to become compliant. The … More
Source: helpnetsecurity

The Anti-Money Laundering Directive (AML), the EU-US Privacy Shield and the Market Abuse Directive (MAD) and Regulation (MAR) are the three biggest regulatory pressures across EMEA, according to a survey conducted by Vanson Bourne. Most significant challenges 59 per cent of respondents cited ‘delivery’ as a number one challenge in their day to day operations, with 38 per cent claiming high levels of rework hinders their capacity to deliver on data and reporting objectives. Additionally, … More
Source: helpnetsecurity

Organizations ‒ both SMBs and large enterprises ‒ lack general awareness of the requirements of the new regulation, how to prepare for it, and the impact of non-compliance on data security and business outcomes, according to Dell. Does your company have a plan to prepare for GDPR? Designed to strengthen protection of personal data for all EU citizens, the new regulation goes into effect in May 2018 and affects companies of all sizes, in all … More
Source: helpnetsecurity