Data and Privacy: 2018-2019 Outlook: How Companies Can Prevent Data Breaches

According to Gemalto Breach Level Index, data breaches compromised 4.5 billion records in the first half of 2018.If you guessed that the US comes in last place when it comes to these breaches, then you would be correct. The US is the most popular for attacks, “representing more than 57 percent of global breaches and accounting for 72 percent of all records stolen, though overall incidents are down 17 percent over the prior half. India accounts for 37 percent of the global breaches in terms of records compromised or stolen or revealed.”

Data breaches have a considerable, negative impact on a company’s customer base, particularly if the breach involves sensitive data. Not only do customers lose confidence in the brand and don’t feel that their data is secure, but data breaches put off new potential customers as well. How can companies best protect themselves against these data breaches? Below are just a few examples. To view the entire list, read our latest e-Book.

  1. Incorporate a cybersecurity specialist into the team.
  2. Keep all business and personal accounts separate, and encrypt all data.
  3. Continue to build awareness. Strengthen passwords and require both a two-step identification process and good antivirus programs.

Be sure to follow 165 Halsey Street on Twitter and LinkedIn as well for all company updates.

Data & Privacy: 2018-2019 Outlook – What’s Ahead for More Privacy Laws?

In our ongoing e-Book blog series, we’ve addressed GDPR, stats on the latest global data privacy and more. Today, we’re taking a peek into the future to learn what lies ahead for additional privacy laws.

As of March 2018, in response to the EU’s newly enacted GDPR, all U.S. states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands, have enacted breach notification laws requiring businesses to notify consumers if their personal information is compromised. These new and amended state data breach laws further define personal information and specifically mandate that certain information security requirements are implemented.

The expanding global privacy and security community will need to address the complicated data security issues in the coming year. The issues include GDPR implementation and related data transfer rules for the EU and globally, as well as practical and operational issues that involve putting best practices for new data and technology into place. Data professionals are strongly needed to become “effective stewards of company data, with appropriate consideration of individual privacy and appropriate business goals,” and companies must focus on the need to manage individual data, while dealing with the onslaught of legislative and regulatory overlaps and the need for effective integration of privacy and security controls.

If you’re ready to talk data security with a professional, reach out to 165 Halsey Street today.

Data & Privacy: 2018-2019 Outlook – GDPR

GDPR. Four letters that most everyone has heard within the last year and a topic included in our latest e-book, “Data & Privacy: 2018-2019 Outlook.” What does GDPR stand for? General Data Protection Regulation, of which reinforcement officially began on May 25, 2018.

GDPR is designed to not only standardize privacy practices across the EU, but to influence how countries outside the EU design their own legislation around data protection and privacy. While GDPR applies to data captured and processed by EU-based businesses, it also pertains to  organizations outside the EU that processes personal data about EU customers in connection with offering goods or services to them. The implications if not followed? Fines can reach up to €20 million or four percent of total worldwide revenue the previous year, whichever is greater. We doubt that anyone would like to hand over a check for that amount, so we’ve provided information and some recommendations s for U.S. businesses on GDPR in our new e-book.

If you would like to read more about GDPR and other top data and privacy concerns of 2018, with an outlook into 2019, download our new e-book here.

Data and Privacy: 2018-2019 Outlook

Has there been a bigger topic in 2018 than data protection and privacy? From the beginning murmurs of GDPR to overall global data security concerns, 2018 has been a landmark year for data protection. In 2019, data privacy concerns along with global information security spending will continue to rise in excess of $124B, according to Gartner. Security leaders continue to assist organizations in utilizing technology platforms securely, with an aim to stay competitive and drive business growth.

As your business keeps pace with technology and data protection policies, make sure that you have the right colocation / data center provider on your side. 165 Halsey Street offers enterprises increased security, reliability, scalability and cost savings. The 165 Halsey Street facility is designed for continuous IT equipment operation.

This e-book will review the latest stats on global data privacy, what’s ahead for new laws and regulations, how companies can prevent data breaches and more. 

Be sure to follow 165 Halsey Street on Twitter and LinkedIn as well for all company updates.

Happy reading!