August 17, 2015
Total Data Protection And The Cybersecurity Bill
Data protection and cybersecurity are becoming less of a niche focus and quickly making way into mainstream media.
In 2014, The New York Times devoted more than 700 articles to the term ‘data breach’ compared to 125 the year before, according to PwC 2015 Cybersecurity Survey.
While the cybersecurity bill has been pushed back until September, the demand and interest for increased security is certainly here.
According to the Washington Post, “the bill seeks to address cybersecurity threats by streamlining the process of information-sharing between companies and between the private sector and the government.”
Security and privacy have proven to be hurdles for the bill’s approval, however it has at least continued a conversation that needs to be had regarding cybersecurity.
1 billion data records were compromised in 2014, according to PwC.
According to survey data of 500 US executives and security experts from PwC, 76% of respondents are concerned about cybersecurity compared to 59% from the year before.
In light of recent breaches, whether it’s Target, Anthem, or the Census Bureau hack, it’s abundantly clear changes are needed to ensure personal and business data is safe.
Considering the prevalence of hacks over the past few years, it’s not really a question of if, but instead when your data could be at risk.
With threats coming in the form of malware, phishing, web or software application exploitation, denial of service, and theft of computers or storage devices; there are multiple angles you can be hit from.
In the meantime, it falls on companies to take care of their cybersecurity, whether in house or through outsourcing.
Regardless of what your approach is, it’s important to have your data backed up and a strong business continuity plan.