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Each year, Ponemon Institute surveys organisations around the world to estimate the financial effects of data breaches. Its 2019 report found that the average cost was $3.92 million (about £3.18 million). This is a steady increase on last year’s total …
Data protection is a major concern for organisations large and small. Recent announcements by the UK data protection authority, the ICO (Information Commissioner’s Office), of significant penalties for British Airways (more than £183 million) and Marriott (more than £99 million) …
Any organisation within the scope of the GDPR (General Data Protection Regulation) must conduct regular risk assessments. This is the only way that you can be sure that you’re properly identified potential security incidents and that your defences measures are …
Are you part of an in-house finance team? Or do you work for a finance provider – an accountancy firm, perhaps, or a financial advisory company? Like professionals in any other sector, you are subject to the EU’s GDPR (General …
Robust information compliance has never been so high-profile. The introduction of the EU GDPR (General Data Protection Regulation) in May 2018 put personal data protection firmly in the public consciousness. Cybercrime continues to grab headlines, with attacks causing massive disruption …
According to the ICO (Information Commissioner’s Office), more than 14,000 data breaches were logged in the first year since the introduction of the GDPR (General Data Protection Regulation), which is almost four times the number reported in 2017/18. Every month …
Data breaches are one of the biggest threat to organisations today. They can bring operations to a grinding halt, drastically damage your reputation and your relationship with customers, and cause severe financial losses from lost sales, remediation and repair costs, …
It’s been a year since the EU’s GDPR (General Data Protection Regulation) was introduced. We all remember the flood of emails from businesses asking for confirmation that we wished to remain on their marketing lists and have our details stored …
Digital disruption has long made its presence felt in the retail banking sector. A series of challenger brands have launched in recent years, building innovative and intuitive digital interfaces from the ground up and in some cases forgoing physical premises …
What is cyber risk management? Cyber risk is the identification, analysis and evaluation of cyber risks. It understands and analyses the IT infrastructure, identifies the potential vulnerabilities within different systems, then prioritises the identified risks and makes coordinated efforts to …
