U.S. providers should be “on alert” for an increase in payments fraud experts warn. The European Union’s (EU’s) new Payment Services Directive (PSD2) raises the bar for security and may cause cybercriminals to focus on targets in this country.
Whatever else it may bring, 2019 will be a breakout year for online privacy, as the EU’s GDPR takes root and legislation in other nations follow suit. But not everyone is on board with the new privacy regime. Who will be the privacy leaders and laggards in the New Year?
Nearly a week after Marriott disclosed a massive breach of its Starwood reservation system, customers complain that the company has not communicated with them to tell them whether they are affected. Marriott says it is sending “rolling” emails to hundreds of millions of victim
The General Data Privacy Regulation (GDPR) seems to already be having a positive effect on the state of cybersecurity in Europe less than seven months after it was enacted, showing that policy indeed can have a direct effect on organizations’ security practices, security researchers said.
The Marriott breach underscores how companies fail to price in the risk of poor data security. In the age of GDPR, that could be an expensive failure.