The Danger from Within: Banks Work to Combat Hackers Internally

While many companies work diligently to guard against external cyber threats, a number of banks are taking steps to protect themselves from another dangerous, yet equally damaging source — their own employees. According to the Association of Corporate Counsel, at least 30 percent of data breaches during 2015 were caused by seemingly harmless employee errors. To the unknowing employee, a simple click of the mouse could expose information or clues to those looking for an opportunity to breach even the most high-tech security systems.… Continue Reading

End of EU Data Privacy Safe Harbor Blockade in Sight?

Negotiators from the European Union and the United States are in the process of negotiating a new agreement that would effectively remove the blockade to the EU Data Privacy Safe Harbor for U.S. companies. We previously wrote about a decision by the European Court of Justice (ECJ) which opened U.S. companies up to potential fines for not protecting their data from U.S. government surveillance programs. Given the potential impact against companies like Facebook and other companies that utilize personal information, EU and U.S. leaders are… Continue Reading