Failure to Be Compliant With The GDPR Will Be Costly

The compliance deadline for the GDPR is just a year away. That may seem like plenty of time remains, however you must take into account that the requirements as well as the amount of internal collaboration needed to address them can take more time than you’d imagine. Also, securing the services a data security company that can confidently assure that you are in compliance with all requirements within the timeframe is getting more and more difficult.

Failure to act quickly to prepare for the regulation could have serious consequences—to your bottom line, customer relationships and brand image. If your company suffers a data breach, you could be fined up to 4% of global turnover (or 20 million Euros). Now is the time to begin allocating budget and resources to implement governance processes and controls, and to identify tools to help with compliance.

Areas That Must Be Addressed for Compliance

You may need to employ one or more different encryption methods within on-premise as well as cloud infrastructure environments including the following:

  • Servers, including via file, application, database, and full disk virtual machine encryption
  • Storage, including through network-attached storage and storage area network encryption
  • Media, through disk encryption
  • Networks, for example through high-speed network encryption

Also, strong key management is required to not only protect the encrypted data, but to ensure the deletion of files and comply with a user’s right to be forgotten.

Your organizations will also need a way to verify the legitimacy of user identities and transactions, and to prove compliance. It is critical that the security controls in place be demonstrable and auditable.

VORAS Consulting works with companies, government agencies and businesses of all sizes. Become compliant with the new privacy protection requirements. Schedule a consultation today and make sure you don’t have to pay the price for not being in compliance when the May, 2018 deadline arrives.

 

 

 

Time to Consider IBM Watson For Advanced Cyber Security

Cyber Security is at the forefront of every corporate leader and business owner ‘s mind. More than 317 million new pieces of malware, computer viruses or other malicious software were created last year. That means nearly one million new threats were released each day. According to IBM research, “security teams sift through more than 200,000 security events per day on average leading to 20,000 hours per year wasted chasing false positives.” (https://www-03.ibm.com/press/us/en/pressrelease/51577.wss)

The threats become more sophisticated as our digital activities continue to expand to every aspect of life and business. As a business owner this level of threat can be debilitating.

Companies are in business to create products and provide services. While addressing cyber security threats and fixing cyber security breaches is becoming more and more commonplace, it is not what most people go into business to address. However, today the statistics insist that every business become proficient in cyber security.

Five out of six large companies were targeted by cybercriminals last year. That’s a 40% rise from the previous year. In nearly 90% of cases, hackers relied on computer bugs that have been around since 2002. When hackers release a wave of malware-laced spam emails, it only takes 82 seconds for someone to get duped and become the first victim. And when hackers successfully break into a particular type of company — like a bank or movie studio — they’ll use the same method to attack another firm in that industry within 24-hours.

The third most popular option for hackers is a glitch in the way an IT manager remotely manages corporate PCs — one that’s existed since 1999. Most companies simply don’t have the manpower or time to keep up with the threats.

Enter AI IBM Watson for Cyber Security

IBM Watson for Cyber Security can help your IT team save valuable time by uncovering cyber threats up to 50% faster than other security systems currently available. Artificial Intelligence (AI) appears to be the only way to keep up with the burgeoning cyber threats and outrun the cyber criminals. AI is the future and IBM Watson for Cyber Security is ahead of its time. IBM Watson for Cyber Security uses technologies such as machine learning and natural language processing, which is being trained to understand the language of security.

Among a host of other sophisticated functionalities, IBM Watson is able to discover and classify sensitive data – and uncover compliance risks – automatically. In addition, the system will know who is accessing data, spot anomalies, and stop data loss with data activity monitoring across files, databases, Hadoop distributions, NoSQL platforms, and more.

 

IT Teams Reason and Learn in Real Time

The new IBM Watson Cyber Security platform makes it possible for IT teams to reason, learn and provide context in real time beyond simple analytics patterns. With this type of collective insight, security analysts can respond to threats with increased speed, accuracy and confidence.

VORAS Consulting is partnered with IBM and can provide the new Watson Cyber Security System. Cyber criminals are working around the clock to steal valuable data no matter what industry you’re in. Whether you are part of a government institution, banking, hi-tech, manufacturing or retail, your data is fair game. With Watson guarding your data you’ll be well armed to fend off attacks.