Countless businesses export data from the European Union to the United States. Does your human resources office have information on European employees? The sales department information on European clients? That is personal data. The question is if data exports can continue in the wake of the Court of Justice of the European Union’s (CJEU) ruling in the “Schrems II” case.
Before COVID, cybersecurity was a concern for businesses everywhere. In fact, in Microsoft’s 2019 Global Risk Perception Survey, 57 percent of companies ranked cybersecurity as a higher risk than economic uncertainty and brand reputation or damage. Looking ahead, what does all of this mean for the role of the Chief Information Security Officer (CISO)? Not only is it more important than ever before, but the role has shifted since the start of COVID.
Twenty years ago, almost everything in the IT world was on-premises: hardware and software, including the tools you used to verify who your users were and what they could do in your systems. In today’s cloud-native world, almost nothing is on-prem, and because of the explosion of apps, remote users and devices, it has become a considerably more complicated task, by orders of magnitude, to verify the identity of a user — or a service — and determine policies that say what they are and aren’t allowed to do.
Organizations need to evolve their thinking around cybersecurity to stay ahead of these changing threats. A holistic approach that effectively builds security into all infrastructure and processes from the ground up is cost-effective and necessary to safeguard valuable employee and customer data. This requires an overall shift in philosophy – and adopting the concept of security by design is a key first step.
The vast majority of organizations (94 percent) have experienced a business-impacting cyberattack in the past 12 months, according to both business and security executives.
A new Arkose Labs study revealed that in the first half of 2020, there were more than 1.1 billion online fraud attacks, double the attack volume compared to the second half of 2019 and a 25 percent attack rate increase across all transactions.
Canon has suffered a ransomware attack that impacts numerous services, including Canon's email, Microsoft Teams, USA website, and other internal applications.
The Cybersecurity and Infrastructure Security Agency (CISA) released core guidance documentation for the Trusted Internet Connections (TIC) program, developed to assist agencies in protecting modern information technology architectures and services.
Security fears linger around the wildly popular, Chinese-owned social media platform TikTok, and discussions are in the works for the platform to potentially be acquired by Microsoft. Should users be concerned in the interim? Will a change of ownership to a U.S.-based company allay security and privacy fears?