One of biggest challenges of complying with Thailand's Personal Data Protection Act, which will go into effect in May, is managing the consent of customers, says Surachai Chatchalermpun, CISO with Krung Thai Bank, the nation's largest state bank.
"I don't think most organizations are prepared for the personal data protection and privacy bill that has been approved by the cabinet, as most people still confuse privacy and security and think that it is just an add-on to security," says Privacy Expert, Shivangi Nadkarni, CEO, Arrka Consulting.
Starting Jan. 1, State Bank of India will no longer accept magnetic stripe debit card transactions and will accept only EMV chip-based cards in compliance with an RBI mandate, which is designed to help prevent card fraud, including skimming and cloning.
One of the largest fines to date for violating the EU's General Data Protection Regulation has been announced by Germany's federal privacy and data protection watchdog, the BfDI, against 1 & 1 Telecommunications, in part for inadequate authentication mechanisms. The company plans to appeal.
While there is little doubt that cybersecurity audits provide an additional layer of assurance, security practitioners often question their effectiveness. So, what are the ways to ensure the relevance of these audits?
An audit from the U.S. Energy Department's Inspector General finds that the agency is prone to making the same cybersecurity mistakes year-after-year. This includes exposing critical infrastructure, including nuclear facilities, to outside hacking and attacks.
Organizations that are relatively well-resourced and committed to cybersecurity stand to benefit from cybersecurity audits.
Cybersecurity audits provide an additional layer of assurance that an organization is safeguarding the data that has become increasingly essential in driving and transforming virtually every...
To help security practitioners address their cybersecurity challenges, ISMG is hosting a Cybersecurity Summit on Nov. 21 in Mumbai, best practices in tackling cybersecurity issues. Among the speakers: Loknatha Behera, Kerala's state police chief, and former Supreme Court Justice B. N. Srikrishna.
Robotic process automation aims to use machine learning to create bots that automate high-volume, repeatable tasks. But as organizations tap RPA, they must ensure they take steps to maintain data security, says Deloitte's Ashish Sharma.
The Cyber Security Agency of Singapore has come up with an operational technology and cybersecurity master plan aimed at building a secure and resilience ecosystem to protect critical infrastructure. But will implementation prove feasible?
Delayed enforcement of the "strong customer authentication" requirements for online transactions under the European Union's PSD2 regulation is hampering efforts to enhance security. That's why the European Banking Authority should act quickly to develop a new timeline.
The city of Baltimore's ransomware outbreak - $18 million in costs and counting - led to many crypto-locked files being lost forever, because no IT policy mandated centralized file backups. But effective IT solutions exist to help solve this challenge, provided they're deployed in advance of an attack.
A "zero trust" security model makes it easier to manage application access and protect against malicious users, but the rollout of the model must be managed in a very organized way, says Mani Sundaram, CIO and EVP, Global Services and Support, at Akamai Technologies.
Lft. Gen (retired) Rajesh Pant, India's national cybersecurity coordinator, emphasizes in an in-depth interview that the government must engage the private sector in its ongoing efforts to protect critical infrastructure.
The Indian government is putting pressure on WhatsApp to develop a mechanism to trace the origins of fake messages that threaten the nation's security. Will WhatsApp take action? And what do security experts say about the feasibility?