On 5 October 2016, Talk Talk was issued with a £400,000 fine – the highest fine yet from the Information Commissioner’s Office (ICO) – for breach of its security obligations under the Data Protection Act 1998 (DPA).
Most businesses know that data protection is a serious issue. Too few, however, understand why or for how long they are legally required to retain key records. This typically results in a document storage set-up that is disorganised and – unbeknownst to staff – non-compliant. Without a referencing system or clear segmentation policy in place, […]
Chancellor Philip Hammond has announced a new National Cyber Security Strategy to boost Britain’s defences against increasing cyber threats.
Posted on 2nd November 2016 in General business.
Data stored on business systems is both an asset and a liability. Like any asset, your data is worth guarding, and like any liability, it’s worth mitigating. Personal identification numbers, customer payment information, contact lists, product/service roadmaps, and intellectual property are just some of the types of confidential data that’s stored on almost every business […]
The truth is, so far there is no clarity as to what degree the ‘leave’ decision will have on the economy and the markets in the long run, leaving UK PLC in unknown territory, especially with regards to our online businesses.
Posted on 5th October 2016 in Bits & Bytes.
Yahoo has confirmed at least 500 million user records have been hacked, in what is thought to be the largest data breach in history.
Posted on 23rd September 2016 in General business.
Despite the Brexit vote, UK businesses will still have to observe strict upcoming EU data protection laws – and must start preparing for them now – or risk penalties of up to €20m, not to mention a serious loss of competitive advantage.
Posted on 6th September 2016 in Bits & Bytes.
Organisations are increasingly going public with news of security attacks and data breaches, often notifying their customers directly, yet according to a recent study from Centrify, 75% of UK adults would stop doing business with a company if it was hacked. Conversely, this suggests that 25% would still continue a relationship with the company.
The age of digital transformation is well underway; companies of all sizes and all shapes are looking to deliver an omnichannel offering for their customers. What will be the key to success? Data. The value of data is well established at this point. Any business worth its salt is collecting more and more in the […]
Posted on 26th May 2016 in Tech & Innovation.
With new regulations such as the GDPR coming into effect, cloud security is very much at the forefront of many businesses’ minds. At the same time, cloud adoption is actually speeding up both in the UK and across Europe, and regulated industries such as the finance sector are seeing the benefits – cloud adoption in […]
Whether or not the UK stays or leaves the European Union, new data protection laws will still apply to your business if you deal with others in the EU. This year the Network and Information Security Directive (NISD) is due to come into force, followed by the General Data Protection Regulation (GDPR) in 2018. Only […]
The records management voice is still not being heard loudly enough in the boardroom but in 2016 things are about to change, and there has never been a better time for UK businesses to act. Looking back on recent history, not least on high profile data breaches in 2015, it seems many businesses only truly listen […]