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Neiman Marcus Agrees to Settlement in Data Breach Class Action

Hunton Privacy

On March 17, 2017, retailer Neiman Marcus agreed to pay $1.6 The consumer plaintiffs sued Neiman Marcus in March 2014, alleging that the company failed to protect customers’ privacy and waited 28 days to inform affected customers of the breach.

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Heathrow Airport fined £120,000 for data breach

IT Governance

The ICO (Information Commissioner’s Office) has fined Heathrow Airport £120,000 for failing to secure sensitive personal data after a member of public found an unencrypted USB stick containing data about the airport’s staff. Make sure that staff training is on your agenda and that you and your organisation are #BreachReady.

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SEC Office of Compliance Inspections and Examinations Publishes 2018 Exam Priorities

Data Matters

Securities and Exchange Commission (the Commission) released its annual National Exam Program Examination Priorities (Exam Priorities). 1 As has been widely reported, the Exam Priorities’ general focus areas include: retail investors. 1 As has been widely reported, the Exam Priorities’ general focus areas include: retail investors.

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SEC Announces Examination Priorities for 2019

Data Matters

In fiscal year (FY) 2018, the OCIE National Exam Program examined approximately 17 percent of SEC-registered advisers (RIAs), up from 15 percent during FY 2017 and 11 percent during FY 2016. Continued Focus on Retail Investors. The number of investment advisers examined by OCIE has increased significantly in recent years.

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How to compete in the cybersecurity talent tug of war

CGI

Tue, 10/24/2017 - 07:00. Across business and technology media alike, I’ve seen frequent coverage of the hundreds of thousands of cybersecurity and IT security job openings that are not getting filled. I have seen companies train some of their best talent in cybersecurity, only to watch these folks leave for higher salaries.

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3 ways a data breach can occur

IT Governance

Malware is often associated with card transactions, because it offers the most direct returns (financial information), and POS (point-of-sale) systems have historically been plagued with vulnerabilities. But Boeing should have done a better job reminding its employees not to disclose sensitive information. Recent malware attacks.

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How data breaches are affecting the retail industry

IT Governance

Only time will tell – and we may not have to wait long – but in the meantime, what is the impact of data breaches in the retail industry, and what needs to be done to mitigate them? The data included contact information, usernames and encrypted passwords. increase on the 2017 cost of $3.62 million users was compromised.

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