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On May 19, 2024, Minnesota officially joined the ranks of states enacting robust dataprivacy protections for consumers. The Minnesota Consumer DataPrivacy Act (HF 4757 / SF 4782) was approved by the state legislature and is headed to the governor's desk for expected signature into law.
In a LinkedIn post today, June 26th, Jamil Farshchi, EVP and CISO at Equifax, had this to say about the news: "This is a really big deal. It's unprecedented: this is likely the first time a CISO has ever received one of these. So it seems odd for a CISO to get one of these," he wrote. federal securities laws."
Having CISOs participating in the discussions on what data is necessary for an app to function is table stakes. They should have a say in how that data is parsed to determine how it must be protected to remain in compliance with privacy laws.
We are unsure what the rest of 2021 has in store, but the most successful CISOs will be the ones ensuring security teams have access to the latest intel and tools to be prepared for emerging threats. Achieve Compliance and DataPrivacy Regulation Standardization at the Federal Level. James Carder, CSO, LogRhythm.
The protocol was developed so that recipients of threat data could assess its sensitivity and determine how to share it with others, without giving any aid to the bad actors, revealing personal data, or running afoul of dataprivacy regulations. To read this article in full, please click here
And so we think about different types of cybersecurity risk and how those risks or vulnerabilities or threat actors can actually impede that ability or an organization to meet those objectives," said Mary Faulkner, CISO at Thrivent, one of four panelists that took the stage to kick off the conference.
As regulators and legislators consider new approaches to addressing consumer privacy, CISO s and colleagues in technology and consumer products companies that use personal data should reconsider how they’re balancing their management of dataprivacy risks and the need for speed.
.” “It would be possible, on detailed examination of video, to compromise elements of operational security,” agreed Mike Hamilton, co-founder and chief information security officer of CI Security and former Seattle CISO. Long-term data storage is often a liability rather than an asset,” added Costlow.
When talking about risk in the IT world, we mainly talk about data, with terms like dataprivacy, data leakage and data loss. But there is more to cybersecurity risk than just protecting data. So, what should our security risk management strategies consider?
” Still, Exabeam CISO Tyler Ferrar told eSecurity Planet by email that he’s hopeful the rules will benefit consumers too by encouraging better security. . “I think companies and investors alike, however, would benefit if this disclosure were made in a more consistent, comparable, and decision-useful way.”
CISO Perceptions A critical blind spot for CISOs and cyber risk owners is the divergence in perceptions of their security stack’s effectiveness between leadership and technical teams. The future of the American Privacy Rights Act (APRA), proposed as a federal framework to unify dataprivacy standards, is now uncertain.
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