All GRC World Forums articles in February 2021
View all stories from this issue.
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ebookThe art of secure and innovative transformation in the cloud: Financial Services
This report looks at some of the trends and challenges for financial services organisations today, and how Trend Micro is working with IT and business leaders to provide fast and reliable services for both customers and employees on secure cloud infrastructure.
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NewsUK minister signals divergence: 'EU doesn’t hold the monopoly on data protection'
A United Kingdom government minister has signalled the country is likely to diverge from the European Union on data protection.
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NewsNew Zealand issues first formal warning to a real estate agency chain under updated AML law
New Zealand’s Department of Internal Affairs has issued a formal warning to a large real estate agency chain.
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AnalysisUAE’s AML journey: radical change or more of the same?
The United Arab Emirates has long been a magnet for illicit funds, for a whole host of often deep-rooted economic, historical, geographical and cultural reasons. But with the Financial Action Task Force calling for urgent action, the Gulf state has recently shown signs of flexing its regulatory muscles, but can it really adequately tackle financial crime?
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Q&APrivSec Job Focus: Charles Eagan, Chief Technology Officer, Blackberry
In our latest reader-submitted Q&A, Charles Eagan talks about the importance of artificial intelligence in tackling threats designed to evade traditional perimeter defences
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NewsLuxembourg’s privacy commissioner defends lack of GDPR fines
A commissioner at the Luxembourg data protection agency has defended the lack of fines for General Data Protection Regulator (GDPR) breaches in the country, where many multi-national businesses are based.
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NewsBusiness Update: Assured Data Protection partners with Confluera
Data Protection Specialist has partnered with leading XDR Provider to deliver a comprehensive cloud data management solution. (press release)
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WebinarTop Privacy Priorities for 2021
2020 was a whirlwind for privacy — with a pandemic, the invalidation of the EU-U.S. Privacy Shield brought about by the “Schrems II” ruling, and the state of California continues to push privacy regulation to the forefront in the U.S., the importance of data protection continues to grow globally 2021 continues.
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NewsOxford University confirms cyber incident at Covid-19 research lab
Oxford University has confirmed reports of a cyber incident at a research laboratory that is researching how to counter the Covid-19 pandemic
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NewsUkrainian agency links cyberattack on government to Russia
The National Security and Defence Council (NSDC) of Ukraine believes Russian hacker-spy group Pterodo/Gamaredon is behind a cyberattack on a Ukrainian government file-sharing system.
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NewsBusiness Update: Veeam releases new V11 with 200+ enhancements
Veeam have announced the release of V11, creating the most advanced data protection solution for Cloud, Virtual, Physical and Enterprise workloads. (press release)
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BlogThe EU’s UK adequacy decision should not be seen as a cast-iron permanent solution
Businesses breathed a sigh of relief last week when the European Union issued a draft adequacy decision guaranteeing the continued free flow of personal data between the EU and UK. Muzaffar Shah argues however that potential regulatory divergence and legal precedent point to an uncertain future for the arrangement.
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NewsSpain fined €15m for failing to adopt data protection directive
The EU’s Court of Justice has imposed a €15m ($18.0m) financial penalty on Spain for not adopting a European Commission (EC) directive about the protection of personal data. The court also ruled Madrid must pay €89,000 daily while it fails to comply.
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NewsFATF adds four countries to AML ‘grey list’ following plenary
The Financial Action Task Force (FATF) has added the Cayman Islands, Burkina Faso, Morocco, and Senegal to its ‘grey list’ of countries under supervision.
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BlogBlaming company formation agents misses the bigger picture about AML in the UK
The National Crime Agency is planning a crack down on company formation agents as part of an AML drive. However, John Binns argues the problems are due to more significant holes in the UK’s financial crime safety net
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NewsIrish commissioner warns against data protection law dilution
Ireland’s data protection commissioner Helen Dixon has spoken out about the dangers of data protection regulations being used to resolve other matters and becoming the “law of absolutely everything.”
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NewsBusiness Update: Arcserve and StorageCraft sign merger agreement
The merge will mean end-users will achieve a fast-track to cloud modernization and next-generation data infrastructures. (press release)
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NewsBusiness Update: PiiQ Media launches PQ-SPEAR to combat socially engineered cybersecurity attacks
PiiQ Media have launched an industry-first platform that allows organizations to educate employees on what information they have that’s publicly available and can be used against them. (press release)
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NewsA strong compliance programme “should be part of a company’s DNA” says head of UK’s SFO
The head of the United Kingdom’s economic crimes investigative agency has stressed the need for companies to have a strong compliance programme.
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NewsRansomware attacks fuelled increase in data theft in 2020, says IBM Security
Ransomware attacks increased 20% in 2020 compared to the previous year, with “double-extortion” tactics used in 59% of cases, according to a report by IBM Security.