The following are 9 ways to better protect sensitive data and encourage trust from customers. 1. Be sure that your privacy policy includes an accurate explanation of how customer data is used by your company. Trust plays a critical role in increasing consumers' willingness to share their personal data with businesses. However, according to an HBR study, social media sites … [Read more...] about 9 Tips For Keeping Customer’s Data Safe
cyber
The 5 Industries With The Highest Cyber Security Risks
New technology means new avenues for growth in every field, but it also means new threats. In our digital age, cyber security risks are undoing some of the greatest technological advancements in key industries. In 2015 alone, the Theft Resource Center found that over 780 data breaches occurred, leaving over 169 million records or personal information to fall into the wrong … [Read more...] about The 5 Industries With The Highest Cyber Security Risks
How to Secure Your Cloud-based Applications From Cyber Security Attacks
We think our customers' data and business information is safe if we store everything in the cloud. This is true to some extent and this kind of shift has also made businesses from small to big save a lot of money by reducing their IT expenses, access scalable tools, and reduction of on-site load of their IT infrastructure. According to CSA (Cloud Security Alliance), nearly 70% … [Read more...] about How to Secure Your Cloud-based Applications From Cyber Security Attacks
Revised DFS Cyber Regulation is Out
New York States Department of Financial Services (DFS) has just released its revised first-in-nation proposed cybersecurity regulation. In formulating the revised proposal, DFS took into account the more than 150 comments it received with regard to its original proposal, which was released in September 2016. Although the new proposal maintains many of the requirements of the … [Read more...] about Revised DFS Cyber Regulation is Out
Urgent Need on ‘Silent’ Cyber Risks
This is an unprecedented time for insurers. As margins associated with conventional lines of coverage continue to tighten, pressure is increasing to offer new forms of coverage to respond to the emerging cyber threats facing insureds in todays digital economy. At the same time, insurers are compelled to make certain that those risks are effectively excluded from coverage under … [Read more...] about Urgent Need on ‘Silent’ Cyber Risks
