As organizations increasingly rely on software-as-a-service (SaaS) solutions to power their operations, the need to secure sensitive data has become paramount. While SaaS providers offer convenience and scalability, they often fall short in providing robust data protection measures, leaving the onus on businesses to safeguard their critical information.
The escalating cybersecurity threat environment is keeping compliance professionals on their toes, according to the latest Wall Street Journal survey. An overwhelming majority of companies (90%) reported an increase in cybersecurity risks over the past year, with nearly half describing the risk as having shot up substantially.
The UK's Information Commissioner's Office (ICO) has announced its intention to fine the Police Service of Northern Ireland (PSNI) £750,000 for failing to protect the personal information of its entire workforce.
The UK's Competition and Markets Authority (CMA) has launched an investigation into Meta (formerly Facebook) under Chapter II of the Competition Act 1998. The investigation concerns Meta's conduct related to the collection and use of data in providing online advertising services and its single sign-on function.
Dell Technologies has issued notices regarding a significant data breach that has exposed personal and sensitive information of an estimated 49 million global customers. The computer giant first alerted customers on May 9th that an unauthorized party had gained access to a Dell system containing restricted customer data related to product purchases.
The Federal Trade Commission has finalized a settlement order against Blackbaud Inc. over allegations that lax security practices at the cloud software company led to a massive data breach in 2020 exposing millions of people's personal information.
The Securities and Exchange Commission has adopted amendments to Regulation S-P aimed at strengthening protections for consumers' personal financial information held by broker-dealers, investment companies, registered investment advisers, and transfer agents.