Overview: Data Breaches & Implementing Proactive Security Policies Over the past few, there have been some very high profile instances of data breaches in environments of all types. The NSA IT Administrator Edward Snowden, who accessed and shared classified NSA data, has been the most widely publicized incident around this and there has been an added push to mitigate future data breaches and examine how these types of incidences actually occurred
The best type of data breach is the one that never happens, so the next step is to roll out preventative policies and measures to reduce the likelihood that a breach will occur
While the provisions of the EU General Data Protection Regulations (GDPR) will not become binding until 2018, its provisions considerably expand privacy rights by imposing rigorous obligations on data processors and controllers that span breach notification, data anonymization and trans-border data transfers
Going into effect on May 25, 2018, it places a high standard of protection on personal data held by companies by regulating the collection, use, storage, and breach notification protocol of such data
Naturally, such a security breach is unacceptable under any circumstances...All this information is essential to proper security procedures, and can be used to head off potential breaches long before they become a problem
Regulated industries such as healthcare, finance, public sector, oil and gas, or publically traded companies may face significant regulatory and statutory penalties for inappropriate or inadequate controls that lead to a breach. Compounding these risks, modern search engine technology can aggregate, analyze, and construct new levels of understanding from unclassified sources
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Everywhere you turn today you hear about various instances of data loss and data breaches, all of which lead to a general sense of data insecurity...There is even frustration being felt when every part of access management seems perfect, but a breach still occurs
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So you accidentally let someone take a peek at the wrong data – how much harm can that data breach possibly do? About $5.4 million USD worth, according to a recent study by Ponemon. The study found that the average organizational cost for a single breached record – a document, user ID, email, email address – is $188 USD
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