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ICO publishes update report on adtech

For several months ICO has been reviewing how personal data is used in real time bidding (RTB) in programmatic advertising, engaging with key stakeholders directly to understand the views and concerns of those involved.

As a result of research, ICO published Update report into adtech and real time bidding which summarises findings so far. If you operate in the adtech space, it’s time to look at what you’re doing now, and to assess how you use personal data.

Source: Blog: ICO Adtech update report published following industry engagement | ICO

Human error still the major cause of data breaches

More than half of all executives (53%) and nearly three in 10 Small Business Owners (28%) who suffered a breach, reveal that human error or accidental loss by an external vendor/source was the cause of the data breach, according to a Shred-it survey conducted by Ipsos.

The report found that nearly half of all executives (47%) and one in three SBOs (31%) say human error or accidental loss by an employee/insider was the cause.

Source: Human error still the cause of many data breaches – Help Net Security

EU Commission publishes report on GDPR application issues

The European Commission has published Multistakeholder Expert Group’s report on eperience of application of the General Data Protection Regulation’s (GDPR).

Report highlights the main issues and concerns that organisations face in complying with the GDPR, as well as GDPR’s impact on the exercise of data subjects’ rights.

Read Multistakeholder Expert Group’s report.

UK’s DPA Publishes Report on Impact of GDPR

On 30 May 2019, the United Kingdom’s data protection authority – Information Commissionner’s Office (ICO) – released a report, “GDPR: One Year On”, discussing the impact of the GDPR and its associated learnings after one year following its implementation.

Report provides valuable insight into the enforcement practices, EU-wide cooperation, support functions, innovative practices and further growth plans of the ICO.

Source: ICO Publishes Report on Impact of GDPR

Employees are almost as dangerous to business security as hackers and cybercriminals

Non-malicious insiders are among the top three threat actors, according to an ISACA report. Employee mistakes and system errors are a larger threat to data security than hackers or insiders, one report found, while 75% of IT professionals say they are vulnerable to insider threats, another survey said.

Top three threat actors to businesses:

  1. Cybercriminals (32%)
  2. Hackers (23%)
  3. Non-malicious insiders (15%)

Source: Employees are almost as dangerous to business security as hackers and cybercriminals

ENISA publishes report on Industry 4.0 Cybersecurity

The EU Agency for Cybersecurity ENISA is stepping up its efforts to foster cybersecurity for Industry 4.0 by publishing a new paper on ‘Challenges and Recommendations for Industry 4.0 Cybersecurity’.

ENISA lists high-level recommendations in order to facilitate the promotion and wider take-up of Industry 4.0 and relevant innovations in a secure manner. The recommendations are addressed to different key stakeholders groups.

Full report: Industry 4.0 – Cybersecurity Challenges and Recommendations

 

GDPR: Europe Counts 65,000 Data Breach Notifications So Far

European privacy authorities have received nearly 65,000 data breach notifications since the EU’s General Data Protection Regulation went into full effect in May 2018.

In addition, regulators in 11 European countries have imposed almost €56 million in General Data Protection Regulation fines. Though biggest part of it comes from Google €50 million GDPR fine.

Source: GDPR: Europe Counts 65,000 Data Breach Notifications So Far

Companies’ Stock Value Dropped 7.5% after Data Breaches

After analyzing the top three breaches from the past three years, Bitglass found that in the aftermath of a data breach, a decrease in stock price was a notable repercussion identifiable for publicly traded companies.

Research also showed that these breaches have cost an average of $347 million in legal fees, penalties and remediation costs. “Marriott uncovered the breach while seeking GDPR compliance; the company is now being fined $912 million under the regulation,” the report said.

Source: Companies’ Stock Value Dropped 7.5% after Data Breaches – Infosecurity Magazine

An estimated 500K organizations have registered DPOs across Europe

As the EU General Data Protection Regulation approaches its first birthday, hundreds of thousands of privacy professionals have jobs tied to the milestone.

New IAPP research indicates that an estimated 500,000 organizations have registered data protection officers across Europe under the GDPR.

Full article: Study: An estimated 500K organizations have registered DPOs across Europe

Benchmarking Data on the First Anniversary of the GDPR

Organizations should already have most of the basic structures for compliance with GDPR in place – the ability to respond to data subject access requests, the extensive mapping and tracking of data that is processed, etc.

But how are organizations responding to data breaches when they occur? And how are they making some of the critical determinations around if they need to provide notification, to whom, and when?

Full article: Benchmarking Data on the First Anniversary of the GDPR

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