Will the newly introduced Data Care Act prove to be a viable U.S. equivalent to the EU's General Data Protection Regulation, or is it destined to fail? An analysis leads this edition of the ISMG Security Report, which also features reports on robotic process automation and Mastercard's "fusion center."
The number of data breach reports filed since the EU General Data Protection Regulation went into effect has hit nearly 3,500 in Ireland, over 4,600 in Germany, 6,000 in France and 8,000 in the U.K. Regulators say more Europeans are also filing more complaints about organizations' data protection and privacy practices.
As India's Parliament prepares to finalize a privacy and data protection law in the weeks ahead, there's still no consensus among security practitioners about what approach the legislation should take. But the government should ensure all companies comply with clearly defined standards - or face punishment.
Ireland's privacy watchdog is probing data breaches at Facebook that exposed users' private data. In the latest breach to be disclosed, Facebook has warned that for a 12-day period in September, up to 6.8 million users' private photos may have been revealed to 1,500 apps built by 876 developers.
Following industry standards should not be a compliance-driven, checkbox activity, says the PCI Security Standards Council's Nitin Bhatnagar. "It has to be a holistic approach, and you have to get involved with people, process and technology."
Breach victims who sign up for free fraud-monitoring services from breached businesses that lost control of their data often sign away their right to join class-action lawsuits or pursue other legal actions, and Marriott proved to be no exception, following its mega-breach. But it now appears to be backing off.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
The massive data breach suffered by Equifax in 2017 "was entirely preventable," according to a report released by the House Oversight Committee's Republican majority. Some Democratic lawmakers have slammed the report for failing to advance legislative or oversight changes to help prevent breaches.
The U.K.'s privacy watchdog says that six months after enforcement of the EU's General Data Protection Regulation began, it's seen a dramatic increase in data breach reports - as well as privacy complaints from the public.
The Financial Services Sector Coordinating Council recently unveiled the Cybersecurity Profile - a framework that integrates widely used standards and supervisory expectations to help financial institutions develop cyber risk management programs. Josh Magri of the Bank Policy Institute outlines key elements.
Australia's Parliament has passed new laws enabling it to compel technology companies to break their own encryption. Although the government argued the laws are needed to combat criminal activity and terrorism, opponents argued the powers could creep beyond their scope and weaken the security of all software.
Vaishali Bhagwat, cyber lawyer and advocate, contends that the "harms-based" approach in India's data protection bill is more appropriate than the "rights-based" approach taken by the European Union's General Data Protection Regulation
An update on the hacking of email accounts of four senior aides within the National Republican Congressional Committee leads the latest edition of the ISMG Security Report. Also featured: An analysis of when the first major fines for violations of the EU's GDPR could be issued.