GDPR regulations could cost banks over €4.7bn in fines in first three years

A report from business management consultants Consult Hyperion has predicted that European FIs could face fines of up to €4.7bn ($5.2bn) in the first three years as financial services begin to adapt to the new regulations. Read how to upcoming GDPR data breach notification regime in European Union can cause banks over €4.7bn in fines […]

Report predicts banks to get €4.7bn fines in first 3 years under GDPR

A new report is “conservatively” forecasting that European finance organisations are about to shell out  €4.7 billion in first three years after the GDPR comes into power thanks to data breaches which they don’t currently have to declare. Read about the new report by AllClear ID which reveals that financial institutions may face €4.7bn fines in first […]

Keep Calm and Comply: One Year and Counting Until GDPR

With the May 2018 deadline fast approaching for Europe’s new data protection laws, Phil Muncaster outlines practical tips from the experts on how to get in shape ahead of the big date Read  Phil Muncaster’s article about why companies should comply with GDPR before it comes into effect on Infosec Magazine.

How to find the silver lining in the EU’s looming General Data Protection Regulation penalties

Read Paul Gillin explain how companies can find a silver lining in the upcoming GDPR regime in European Union on Silicon Angle : With less than a year remaining until the European Union’s new General Data Protection Regulation kicks in, the level of hyperventilation in the business world has reached epic proportions. Read his full […]

UK data breach fines double to £3.2m as GDPR looms on the horizon

Thirty-five fines totalling £3,245,500 were handed out for breaches of UK data protection law – nearly double the total in 2015. In what should be of real concern to those companies still unprepared for the impending GDPR, there was a staggering 155% increase in the number of data protection enforcement actions issued in 2016. Read more […]

A Guide to the General Data Protection Regulation

Read Steve Durbin’s article explaining the European Union’s new general data protection regime on CIO Insight : The General Data Protection Regulation (GDPR) officially goes into effect in May 2018 and will have an international reach, affecting any organization that handles the personal data of European Union residents. Read his full article here.

GDPR: Building a Platform Over The Data Breach

Read Philip van der Wilt’s practical advice to businesses on getting prepared for GDPR regime in European Union on Diginomica : The General Data Protection Regulation (GDPR) comes into force in May 2018 and is intended to unify data protection for individuals within the European Union. Read his full article here.

Data Breach Digest: Planning for a data breach in a post-GDPR world

Since the European Union General Data Protection Regulation (GDPR) was announced in April 2016, with full adoption taking place on May 25, 2018, security and privacy experts have not stopped analyzing what the new regulations mean for companies across the globe. Read how companies dealing in European Union can plan for a data breach in […]

European CISOs facing challenge to protect employee data

Global cyber security company Forcepoint has today unveiled research showing that 35% of employees across the UK, France, Germany and Italy admit to have been involved in a security breach, presenting regional CISOs with a significant challenge when it comes to protecting company data. Read more about new report by Forcepoint which reveals that European […]

Get ready for 2018’s changes to data protection laws

Read Stephen Foster explain how businesses can get ready for the new EU’s General Data Protection Regulation (GDPR) which kicks in from next year on Cipd Blog : Despite Brexit, the UK government has indicated that it will implement the EU’s General Data Protection Regulation (GDPR), which will apply from 25 May 2018. Read his full article […]