We had predicted in our threat predictions that Ransomware will be a major threat in the year 2016. This year has seen an unprecedented growth of more than 172% rise in ransomware attacks and many corporate and government organizations have fallen prey to ransomware attacks. Though widely not reported, it has cost millions of dollars to many organizations across the world. If you want to know what is Ransomware, here are some resources that will help you to safeguard against this type of attack
General Data Protection Regulation (GDPR) takes effect in the European Union (EU) on May 25, 2018. Since GDPR expands the privacy rights granted to EU individuals and it places many new obligations on organizations that serve customers and individuals in the European Union, irrespective of their geographical location. Such organizations around the world will be required to put in place security policies to address different risks and effectively enforce these policies with technical controls or potentially face fines of up to 20 Million Euro or 4% of Global turnover whichever higher.
Furthermore, in event of data breaches, it is imperative for the organization to follow a schedule and provide comprehensive information regarding the breach to the Data Protection Officer as mandated by GDPR. In light of the tough timelines for reporting a breach – in addition to securing the IT infrastructure, it is also important to have robust breach detection, investigation and internal reporting procedures in place.
