Credit-reporting company Equifax will pay up to US$700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and some lawmakers who called for stricter regulation.
security - News, Features, and Slideshows
- Cyber security: LandMark White implements ACSC’s ‘Essential Eight’
- Australian ‘encryption’ law could run afoul of GDPR, US CLOUD Act: Law Council
- Symantec warns of rise in targeted ransomware attacks
Embattled property valuation firm LandMark White has detailed a range of new security measures it has undertaken in the wake of two incidents involving the leak of customer data.
The Law Council says that Australia’s ‘encryption’ legislation, which was intended to facilitate police interception of online communications channels, may end up leaving local law enforcement agencies unable to take advantage of a US scheme intended to make it easier to obtain access to data held by tech companies.
Symantec has warned of significant growth in ransomware attacks targeting enterprises, as well as an increase in the number of groups believed to be behind the campaigns.
The launch of Cyber Security NSW within the state’s newly created Department of Customer Service reflects an effort to ensure the office is customer-focused, according to Tony Chapman.
Whitepapers about security
This whitepaper discusses these information management challenges and details how they can be addressed through a modern Information Governance strategy. It talks about how companies can start implementing modern approaches to increase complpiance, but also reduce costs and risks, and drive productivity. Information management is getting harder. Organizations face increasing data volumes, more stringent legal and regulatory record-keeping requirements, stricter privacy rules, increasing threat of breaches and decreasing employee productivity. Companies are also finding that their old-fashioned, legacy archive strategies are increasingly ineffective. This is driving many organizations to rethink their approach, developing more modern Information Governance strategies