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The Real Cost of a Data Breach: Compliance Penalties are Just the Tip of the Iceberg

I’ve said it before and I’ll say it again: We are living in the age of the data breach. Now more than ever, our lives are defined by the massive data sets built from our online presence, and now more than ever, they are routinely disrupted when those data sets fall into the wrong hands. … [Read more...]

How the GDPR Can Benefit Organizations in the USA

With the one-year anniversary of the General Data Protection Regulation (GDPR) just passed, it’s interesting to see whether the climate of fear, uncertainly and doubt that pervaded the cybersecurity ecosystem was justified. Serious questions were being asked about whether companies could get themselves ready for the compliance mandate, and whether business-crippling fines would be handed out to … [Read more...]

GDPR One Year Anniversary – What Have We Learnt?

Today (May 25, 2019) marks the one-year anniversary of the European Union’s General Data Protection Regulation coming into effect. Now seems as good a time as any to take stock and assess what the GPDR has taught us. Have companies embraced stricter data protection laws? Do companies know exactly what is required of them to stay compliant? Have Data Protection Authorities (DPAs) been putting their … [Read more...]

The Data Protection and Privacy Glossary

Understanding and complying with data protection and privacy regulations is hard enough. With all of the jargon and acronyms thrown around, it can sometimes feel like lawyers and regulators don't want you to understand. Fear not, we've put together a comprehensive data protection and privacy glossary to help you sort it all out.  … [Read more...]

Is PSD2 Good for Banks And How Should IT Teams Implement It?

The EU’s PSD2 directive (a revised payment service directive) aims to regulate electronic payments in EU member countries. It has no impact on traditional paper-based transactions. … [Read more...]

GDPR Subject Access Requests: Why Are Companies Failing to Respond?

Approximately one year ago, the General Data Protection Regulation (GDPR) came into effect, and it has arguably made a significant impact on organizations across all sectors. Since the 25 May 2018, the GDPR has issued a total of €55.96m in fines. To be fair, most of this sum was accumulated by Google. Google was fined €50m by French data regulator for “failing to provide users with … [Read more...]

Australia’s Privacy Act 1988 and the Thirteen Privacy Principles

If you are doing business in Australia, at some point you may be handling the personal data within Australia. Is that's the case then you will need to study up on the Federal Privacy Act 1988 and its underlying principles. … [Read more...]

Understanding Brazil’s General Data Protection Law

In this post, we’ll break down Brazil’s General Data Protection Law—who needs to comply, what is protected, and how to meet its requirements. … [Read more...]

IT Governance Europe exhibiting at TechConnect Live 2019

IT Governance Europe will be exhibiting at this year’s TechConnect Live in Dublin on 30 May 2019.   Attendees are invited to visit us at stand F18, where we will be presenting a wide range of GDPR (General Data Protection Regulation), IT GRC (governance, risk and compliance), and cyber and technical products and services. Our team will be on hand to … [Read more...]

The HIPAA Security Rule Explained

It is estimated that a HIPAA violation on average will cost an organization around $1.1 million in settlement fees. That’s before the loss in revenue that accompanies a data breach, as well as the costs of breach notifications, forensics, lawsuits and other key implications. The more accurate figure when all that is taken into consideration is closer to $8 million. Can your organization afford to … [Read more...]