The fundamentals of governance, risk and compliance are sorely lacking in too many organizations that are striving to improve cybersecurity, says Malcolm Palmore, an assistant special agent at the FBI.
When it comes to the internet of things, balancing the need to protect privacy against the need for technological innovation, such as to improve healthcare, is proving challenging, says attorney Jean Marie Pechette.
In the wake of the Facebook/Cambridge Analytica scandal, India needs a strong data sovereignty policy to regulate data storage and use, says Vinit Goenka, governing council member of IT Task Force-Ministry of Railways.
The Ministry of Electronics and Information Technology late Friday released the long-awaited draft of a data protection bill, which now faces Parliamentary debate. The bill, which would require most data about Indians to be stored domestically, was drafted by a committee of experts headed by Justice B.N. Srikrishna.
The Telecom Regulatory Authority of India has recommended that the nation's telecom companies take specific steps to protect their customer's data. Those include taking a "privacy by design" approach and focusing on data minimization, collecting as little data as possible
Facebook is making substantial investments to improve its data security and privacy practices. But the long-term cost of those investments and impact on the bottom line has spooked investors, leading to a $120 billion loss in market value on Thursday, the largest one-day loss of value for a U.S. traded company.
Facebook has promised to bring machine learning to bear on the problem of hate speech and information warfare via its platform. But insiders have been urging the company to pursue a major cultural change, including prioritizing not doing anything "creepy" over the quest for short-term gain.
Under the EU's General Data Protection Regulation, within 72 hours of an organization learning about the data breach, it must report the breach to relevant authorities or face fines. The U.K.'s data privacy watchdog says it's already seen the volume of self-reported breaches quadruple.
Early experiments are demonstrating how blockchain, the distributed and immutable ledger behind virtual currencies, potentially could play an important role in identity management, says Avivah Litan, a Gartner Research analyst who will be a featured speaker at ISMG's Security Summit Aug. 14-15 in New York.
Randy Trzeciak, director of the CERT Insider Threat Center at CMU, says he's frequently asked: "Haven't we solved the insider threat problem?" Far from it, he responds. In fact, he's helping many organizations start insider threat defense programs. He'll be a speaker at ISMG's New York Security Summit.
"Our risk landscape has changed from protecting the things that we operate to protecting the things that we buy, and that's why third party risk management is the place where people are really focusing," says Joel de la Garza of the venture capital firm Andreessen Horowitz.
The fight against fraud in a cashless economy requires investments in technologies that can offer early warning signals, says Bharat Panchal, senior vice president and head of risk management at National Payment Corporation of India.