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From GDPR updates to sector-specific regulations like HIPAA and PCI DSS, companies will face new mandates to protect sensitive data. Future cybersecurity trends point to even stricter compliance regimes, including regulations that focus on AI ethics and dataprivacy.
Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 CyberInsurance: US cyberinsurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals.
” CyberInsurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyberinsurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyberinsurance claims are paid out.
10 NYCRR 405.46: NYs New Hospital Cyber Regulation Hospitals are no strangers to health dataprivacy laws like HIPAA. They address dataprivacy and the escalating threat of cyberattacks targeting healthcare institutions. The new healthcarecyber regulations will go into effect in October 2025.
Data protection and privacy newsround: AI Act’s reach and very personal data Good news – maybe? – for anyone who’s been working in dataprivacy roles since 2018: you ain’t seen nothing yet. It’s a timely reminder of the ‘person’ in ‘personal data’. Links we liked Google Maps for security?
From GDPR updates to sector-specific regulations like HIPAA and PCI DSS, companies will face new mandates to protect sensitive data. Future cybersecurity trends point to even stricter compliance regimes, including regulations that focus on AI ethics and dataprivacy.
Regulatory compliance and dataprivacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style dataprivacy laws came to the U.S. Location Matters.
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. And industries like healthcare face persistent targeting due to their outdated systems and high-value data.
Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyberinsurance we’re seeing as a result. cyberinsurance as a whole was changing heavily. And why is that? It started off pretty easy to get.
Ethyca is compliance -focused as regulatory enforcement becomes an essential part of dataprivacy. With Ethyca, clients get a bundle of tools for privacy by design in the development process. Cowbell Cyber. Startup Est Headquarters Staff Funding Funding Type Ethyca 2018 New York, NY 44 $27.5
Its a strategy of patience, allowing them to gather intelligence, assess vulnerabilities, and wait for the perfect moment to actwhether to disrupt operations, extract data, or gain geopolitical leverage. 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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