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Publicly-traded companies suffering worst data breaches average 7.5% decrease in stock price

Bitglass, the next generation CASB company, has released released the findings from its latest report entitled ‘Kings of the Monster Breaches’. The company researched the three largest data breaches of publicly-traded companies from each of the last three years in...
Posted On 17 May 2019
Jake Olcott
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Cyber Risk: Key Considerations for Boards of Directors During M&A Procedures

Data breaches are a constant in today’s headlines, but in recent years the risk has been front and centre of some of the most significant M&A deals, writes Jake Olcott. In 2017, Verizon discounted its acquisition price by $350 million when Yahoo belatedly disclosed that it...
Posted On 08 May 2019
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Global study of financial sector shows deep concern about third party cyber risk

BitSight and the Centre for Financial Professionals (CeFPro) have released a joint study shedding light on how financial institutions are addressing challenges associated with third party cyber risk. Based on a survey of financial services professionals from around the world, the...
Posted On 02 Apr 2019
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“Physical security is key to keeping online data safe from breaches” asserts Abloy UK

Security expert Abloy UK has highlighted the importance of physical security to protect against digital data breaches following the recent approval of a new standard that offers the ability for end users to add tangible authentication to secure online accounts. WebAuthn, which...
Posted On 19 Mar 2019
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Utilities sector specialists focus on Datalog developments at Cortech Forum

Cortech Developments’ key focus as a business is to assist today’s practising professionals to mitigate risk by dint of employing smarter interoperability. The company’s recent Utilities Forum – for which Risk Xtra served as the Official Media Partner – brought together end...
Posted On 15 Mar 2019
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GCs and Boards believe companies are “unprepared” for “significantly more complex” risk landscape

The risk landscape has become significantly more complex over the last three years and General Counsels (GCs) as well as Board members don’t believe their organisations are sufficiently prepared to deal with the new threats. That’s according to the Looking Glass...
Posted On 14 Mar 2019
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Financial services sector risks data security breaches with insecure instant messaging

As more people in the financial services sector work from home or remotely, the use of free instant messaging apps (such as WhatsApp) is rising to enable remote employees to communicate with their colleagues around the world. However, data from a recent survey commissioned by...
Posted On 13 Mar 2019
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Vulnerability to cyber attacks “poses biggest risk to businesses adopting 5G in UK”

UK businesses are most concerned about the susceptibility of 5G to cyber attacks according to EY’s latest Technology, Media and Telecommunications (TMT) research. 40% of respondents are worried about 5G and cyber attacks while a similar percentage (37%) are cautious over the...
Posted On 20 Feb 2019
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Digital, Culture, Media and Sport Committee issues final report on disinformation and ‘fake news’

The Digital, Culture, Media and Sport Committee of Parliament has published its final 111-page report on disinformation and ‘fake news’. The Committee is calling for a compulsory Code of Ethics for tech companies overseen by an independent regulator and wants to see that...
Posted On 18 Feb 2019
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2018’s Major Security Breaches: How They Could Have Been Avoided

2018 was a year of both highs and lows for information security, asserts Guy Bunker. The enforcement of the EU’s General Data Protection Regulation (GDPR) took full effect in May which brought the importance of protecting sensitive customer data to the forefront of people’s minds...
Posted On 11 Feb 2019