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Cost of data privacy breach may not be enough
This article is part of the Information Security issue of April 2018, Vol. 20, No. 2
Equifax admitted during its Q4 2017 earnings call in March that more people, than previously disclosed, had their personally identifiable information -- names and partial drivers' license information -- exposed in the company's historic data breach. And there may be more, the consumer credit company told regulators. With 147.9 million consumers affected, and counting, what will the data privacy breach cost Equifax? That same month, Facebook came under fire for mishandling the data privacy of 50 million users. Roughly 270,000 Facebook users had downloaded a psychology professor’s app, and their data and that of their “friends” was allegedly harvested in 2016 by political data firm, Cambridge Analytica. Unlike Americans, citizens and residents of the European Union will soon have strengthened data privacy breach protection when the EU's General Data Protection Regulation (GDPR) goes into effect on May 25, 2018. Instead of a credit freeze and lifetime of credit monitoring, individuals in the European Union can look to data ...
Features in this issue
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CISO survey paints a grim picture: Weak staff, breach fears
Roughly 60% of CISOs expect phishing scams, malware disruptions and cyberattacks that cause 'significant downtime' to affect their company in 2018.
Columns in this issue
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Cost of data privacy breach may not be enough
While the European Union is taking major steps to protect residents' data privacy, little has happened in the United States, even after Equifax and Facebook.
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Healthcare CISO: 'Hygiene and patching take you a long way'
Cybersecurity and healthcare can get along, according to CISO Joey Johnson, who leads the security program at Premise Health, but it takes patience and attention to the details.