Welcome to the Future!
Citizens in the UK dislike both the European Union and Businesses that have data breaches.
An overwhelming majority supporting fining businesses & the recommendation has made it to Parliament.
Computer Weekly | UK consumers support fines for firms that lose personal data
UK Parliament | Cyber Security: Protection of Personal Data Online
The Federal Trade Commission publishes “Start with Security: A Guide for Business” & offers these recommendations for business:
Which financial entity is facing an SEC fine for a data breach? Morgan Stanley
How much is the SEC fine? $1,000,000
What was the data breach? Security measures failed to prevent an employee from transfering account information to a private server that was hacked
What do federal rules require of financial entities? policies and procedures that are reasonably designed to protect customer data
The Hill | Morgan Stanley to pay $1M SEC fine for data breach
What is civic hacking? hackers doing good to solve governmental problems
How does it work? The feds listed 16 issues that it needs helps with and called for a National Day of Civic Hacking. Examples include:
What White House Proposal on data security affecting health care? On May 25, 2016 the White House released its final Data Security Policy Principles and Framework (Security Framework) for President Obama’s Precision Medicine Initiative (PMI).
What are the goals of the White House data security proposal?
What requirements…
Who: Federal Trade Commission
What: Amendments to how companies disclose privacy policies & information to consumers
When: Begins this fall
Standard of Review: The FTC favors corporate disclosures to consumers that are:
The Hill | Consumer protection agency to look at disclosure issues
Which Attorney General announced a 40% increase in data breach notifications? New York Attorney General Eric T. Schneiderman
Why does the state A.G. track data breach notifications? In NY, businesses must notify the A.G. of a data breach and the A.G. assists in reaching consumers
Has the state improved efficiency for businesses reporting data breaches? Yes, the state moved to an electronic, web-based reporting system
Hudson Valley News Network | A.G. Announces Record Data Breach…
Retailers and Financial Institutions are like the Hatfields & the McCoys when it comes to federal data security legislation.
Here’s what you need to know when this fight comes to your state legislature:
Why are wireless mice vulnerable to hacking? Unencrypted communication with computers is what guide the mice.
What does that mean? For $20, someone a block away can trick your computer into using its mouse and steal your data.
Why would regulators care? Because regulators stress encryption in data security.
Reuters | Wireless mice leave billions at risk of computer hack: cyber security firm
What happened on University of California campuses to cause a UC hacker policy? In 2015 Hackers Broke into the UCLA Medical Center.
In response to the hack what policy did UC officials enact? UC installed data monitors that stores internet traffic on campuses for 30 days
Do faculty like this idea? No, UC has a policy dating back to the 1930s that providers for collaborative policy making in conjunction with faculty input. It’s all very Californian.
Did UC create a greater data security…