Organisations worldwide are collecting, storing and managing ever-increasing data volumes. Many are deciding to store this data in the cloud because it’s unsustainable to maintain it in their own data centres. But then the unimaginable happens – the organisation receives a ransom email from a group of hackers, explaining that they have gained control of the organisation’s data in the cloud and are demanding a hefty sum to give it back. What to do?First, learn from other businesses which have had very public experiences. For example, if you take Uber in 2016, they paid the ransom and hoped the data breach would never surface, as it would, in their minds, result in a loss of trust from their customers. Additionally, it might demonstrate a public show of vulnerability, and an invitation to other hackers to try and take them out for another ransom ride. Unfortunately for Uber, the attack became public in late 2017, and they are now facing angry customers, stakeholders, … [Read more...] about Is your data protected from leaking cloud buckets?
Microsoft data protection manager
GDPR has brought a new level of data protection to the European Union, but rather than replicate the regulation in the USA, Box CEO Aaron Levie wants an global agreement on privacy standards."What would be even better would be if globally we could all agree on some standards around data privacy, data control and control our personal information," Levie said during the Box World Tour in London."I think that what we've seen with the Facebook scandal with Cambridge Analytica and what we've seen with consumer properties in general is the way our information is being used and how it’s managed and who has access to it, and what advertisers have access to it, is pretty unclear with a lot of the platforms. "And I think that the more innocuous use cases were kind of advertising targeting, but now the more severe use cases are things like elections, thinking about what the future of our news and information distribution looks like.Data protection has grown into a public concern since … [Read more...] about Box CEO Aaron Levie calls for global data protection agreement
TEL AVIV, Israel--(BUSINESS WIRE)--May 14, 2018--Shieldox announced today a new collaboration with Microsoft Information Protection (MIP), to extend the protection capabilities of information collaboration within the walls of an organization and beyond, while in motion. Shieldox is the forefront of the new category- Information Protection In Motion. Using their advanced artificial intelligence technology, Shieldox knows who can or cannot access sensitive documents, keeping them safe, at all times. The industry shaping solution will work alongside Microsoft Information Protection as an add-on solution for Microsoft Office 365. Together, Shieldox with Microsoft Information Protection help ensure that documents, files and emails are only seen by authorized persons, inside or outside the organization’s perimeter.Sharing information with trusted parties inside and outside the organization is a tremendous key to success in today’s digital world. Yet, this free flow of … [Read more...] about Shieldox Announces Collaboration with Microsoft Information Protection to Protect Data in Motion
April 11, 2018 - Written By Dominik Bosnjak Democratic Senators Richard Blumenthal and Edward Markey on Tuesday introduced a bill meant to regulate online data harvesting conducted by digital giants such as Facebook and Google that’s somewhat akin to the European Union’s General Data Protection Regulation set to go into effect on the Old Continent next month. The bill is called Customer Online Notification for Stopping Edge-provider Network Transgressions, with its sponsors referring to it as the “CONSENT Act” for short. The legislation mandates Internet companies to draft “reasonable security practices” meant to ensure the safety of all user data they collect and requires them to communicate their data harvesting activities in a more straightforward manner to consumers.If enacted, the law would be enforced by the United States Federal Trade Commission and is aimed at preventing another Cambridge Analytica scandal from happening. The … [Read more...] about U.S. Senators Introduce Data Protection Bill Akin To GDPR
According to Reuters, a "highly sophisticated hacking group" caused alarm at Microsoft after it managed to break into the highly sensitive database. At the time, Microsoft has not disclosed the attack, but Reuters reports that five former employees have confirmed the breach occurred. As reported by Reuters, Microsoft first caught wind of the breach in 2013 after a series of breaches were discovered at Apple, Twitter, Facebook, and other tech companies. The group behind the attack, referred to as Morpho, Butterfly, or Wild Neutron, managed to break into Mac computers used by employees, leveraging them to move on to Microsoft's company networks. In a February 22, 2013, statement, Microsoft confirmed the attack but did not mention that its bug database had been breached. As reported by Facebook and Apple, Microsoft can confirm that we also recently experienced a similar security intrusion. We found a small number of computers, including some in our Mac business unit, that were … [Read more...] about Hackers reportedly broke into Microsoft’s bug tracking database in 2013