In our last blog we learnt what potential impact the mandatory breach notification and the EU’s GDPR will have on the Australian market. But what’s next for organisations and what will be the potential challenges?
The use of Shadow IT is increasing thanks to SaaS. Learn the risks that shadow IT poses to financial services firms, and how to mitigate them.
Both Australia’s Mandatory Notifiable Data Breach legislation and the EU’s GDPR are shining a spotlight on state-of-the-art data security technoloies and strategies to help Australian organisations stay strong in an increasingly digitized world.
Financial services firms are partnering with fintech organizations to drive innovation. Learn the role cybersecurity must play in these partnerships.
Fortinet is excited to be meeting with our partners at this year’s Accelerate conference, which promises to be the largest one yet. Around 2,000 thought leaders, IT and security experts, partners, and customers will convene in Las Vegas from February 26th – March 1st to attend keynotes and breakout sessions, network, and collaborate.
The question is - where to begin? A security and data privacy assessment is a good starting point. This starts by understanding your business and brand—what you do, what your short and long-term goals are, and why customers, partners, and employees trust you. Next, you should identify and examine all of the elements of your business that are at risk. Finally, you should implement a risk management strategy designed to protect, detect, report, and respond regardless of where in your distributed network a security event takes place.
We have just announced our annual Fortinet Accelerate global partner and user conference, taking place on February 26 – March 1, 2018 at The Cosmopolitan of Las Vegas. This year we are expecting more than 2,000 customers, partners, industry leaders, and technical experts to come together to share industry trends and discuss the latest advances in technologies and strategies.
There’s been a lot of confusion—and frankly, a lot of vendor hype—about the European Union’s (EU) General Data Protection Regulation (GDPR). There is no doubt that GDPR is a very far-reaching legal initiative that will significantly change the way that many private and public sector organizations treat personally identifiable information (PII) and respond to data breaches. On the other hand, it’s safe to say that a majority of readers of this blog post work for organizations that will not be directly affected by GDPR.
At the end of the day, complying with GDPR may very well simply turn out to be the right thing to do to protect the privacy and interests of all of an organization’s stakeholder communities. As a society, we simply can’t go on shrugging off data breaches that harm millions of people, often on multiple occasions in their lifetime.
Globally operating financial services firms have to be aware of new cybersecurity regulations and how they affect their business in order to navigate data rules and remain compliant, especially as they conduct business across borders. Compliance is especially crucial as the punishments for noncompliance typically include large fines. Below are some of the most recent implemented or proposed cybersecurity regulations that will affect financial services firms.