Topics pertaining to technology, especially as they pertain to business issues are discussed. Such topics include using tech to boost productivity, marketing with social media, cybersecurity, and numerous other topics.
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Monday, January 16, 2017
Security breach highlights importance of encryption
Fines by the UK’s Information Commissioner’s Office (ICO) for security breaches have been a matter of discussion for some time. For most, they seem fairly small; and if we think about the actual monetary value when compared to a large company’s earnings, they are.
The ICO is an independent authority set up to uphold information rights in the public interest. They have issued some fairly substantial fines that have included – but are not limited to – record fines of £400,000 for a telecoms company; £100,000 for a county council and £180,000 for an NHS trust in London – and that’s just 2016. As more and more companies are found to be negligent in their protection of our private data, these fines will have to rise to reflect the growing concern by the public on why they are not doing more.