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Why DSPM is Essential for Achieving Data Privacy in 2024

Security Affairs

Data Security Posture Management (DSPM) helps organizations address evolving data security and privacy requirements by protecting and managing sensitive information. To add to the difficulty, the advent of Generative AI (GenAI) has brought unprecedented security and privacy risks. Why is a DSPM Solution Necessary for Data Privacy?

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LW ROUNDTABLE: Wrist slap or cultural shift? SEC fines cyber firms for disclosure violations

The Last Watchdog

This could dovetail with a national information privacy law. We have the benefit of learning from GDPR in Europe as well as other flavors of privacy laws in Canada, Utah, Virginia and other jurisdictions. Other companies may continue to rely on hiding the ball, scapegoating and relying on insurance to cover the losses.

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LW ROUNDTABLE: Compliance pressures intensify as new cybersecurity standards take hold

The Last Watchdog

Srivatsav Ravi Srivatsav , CEO, DataKrypto Non-compliance with regulations, such as the European Unions General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), risks severe penalties. state privacy laws, the EUs governance of ethical AI deployment, and updated regulations in India and Japan.

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Why Cyber Insurance is Essential in 2022

IT Governance

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Privacy Compliance: By 2024, 40% of privacy tools will rely on AI, highlighting its expanding role in ensuring data privacy and meeting regulations. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45

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The Financial Dynamics Behind Ransomware Attacks

Security Affairs

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. This ROI makes ransomware a compelling business model for criminals, so it is soaring in popularity.

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Privacy in an open-data world: Why government agencies need to be proactive

Collibra

Government agencies — from DC to Duluth, NYC to LA — are struggling. The ever-growing digitalization of our world has raised significant concerns about data privacy and security, particularly for agencies that manage and process sensitive and confidential information. There’s no going back.

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