When large-scale data breaches started to proliferate more than a decade ago, security leaders called for end-to-end data encryption. But that approach no longer suffices, says First Data's Tim Horton, who calls for a new multilayered defense.
In today's digital environment, protecting sensitive information and sales transaction data is of critical importance. Tim Horton of First Data explains the concept of "devaluing" data so it's worthless in the event of a breach.
The EU's General Data Protection Regulation rewrote the rules of the data privacy and breach notification game when it went into full effect last year. Now, however, numerous organizations are revisiting and refining their GDPR compliance efforts around preparation and remediation, says PwC's Polly Ralph.
Too many organizations are still failing to prioritize mitigating the risk posed by insiders, whether they're malicious actors or model employees who make mistakes that unintentionally lead to a data breach, says Veriato's Chris Gilkes.
Data privacy discussions must focus not just on collecting, storing and securing data, but also the impetus for doing so - and whether it is being done in an ethical manner, says consultant Thom Lagford, a former CISO, who addresses GDPR compliance issues.
Too many organizations continue to use digital assets and infrastructure even when they can see that they have information security problems and deficiencies that they're failing to fix, says cybersecurity expert John Walker.
The one factor with the biggest impact on any organization's digital transformation efforts - regardless of the organization's size or sector - is the ability to change its privacy, cybersecurity and IT culture, says Stephen Owen, CISO of Bourne Leisure Group.
At this year's annual meeting of the World Economic Forum, the cybersecurity message was clear: World leaders see it as essential for fixing the failures associated with past industrial revolutions as well as safeguarding future digital transformation, says Fortinet's Alain Sanchez.
Despite organizations enduring decades of security policies, programs, plans, metrics and awareness training, CISOs still complain that too many employees are failing at the cybersecurity basics, says Virtually Informed's Sarb Sembhi.
Employees view the ability to bring their own devices into their workplace life as a prerequisite for any job, which complicates organizations' identity management and cybersecurity efforts, says Barry McMahon of LastPass.
Many businesses don't seem to be able to block the ongoing scourge of sophisticated business email compromise schemes. "Incidents are just increasing; there's a huge volume of business email compromise," says David Stubley, CEO at 7 Elements, a security testing firm and consultancy.
Maliciously or unintentionally, people cause data breaches via email. But email is an essential part of enterprise life. How can the channel be made more secure? Sudeep Venkatesh of Egress offers new perspectives.