Importance of IoT Data Protection

oodles DPP

The Internet of Things (IoT) denotes the collection of devices that can have autonomous data communication with each other. Through IoT devices, organizations can collect critical user data and analyze it to develop new solutions and enhance user experience. According to Statistica, with the proliferation of chip technology, the world will have almost 31 billion IoT devices by 2020. As the number of devices increases, the average data volume of users also grows. It is, therefore, essential to avail data protection and security solutions to protect critical business data.

In this blog post, we have discussed common data protection challenges and how we can address them using IoT.

IoT Data Should Be Private and Controlled

IoT devices can generate a large amount of critical data, both personal and financial to perform tasks. The collected data is prone to cyberattacks since it can be used by criminal entities for an unfair advantage. IoT security has become a serious concern these days as consumers and companies do not have any idea if data gets misused. Many companies indulge in monetizing the collected data. When consumers do not have any control over their data, it exposes businesses to regulatory risks. It is, therefore, essential to maintain data privacy.

Below are three examples that show the magnitude of data protection issues with the advent of IoT technologies:

Telematics insurance systems

The automotive industry is witnessing disruption with the implementation of usage-based insurance or UBI. Through this system, insurance companies are able to calculate fair and accurate premiums based on users’ driving patterns and behavior. For best results, various driving information about the policyholder is collected through a black-box that the company installs in the car. The data collected is about the type of car, speed and distance traveled, timings when drivers are on the road and the way they approach corners and braking.

READ THE FULL BLOG: https://dataprotectionandprivacy.oodles.io/blogs/iot-data-protection-and-security-solutions/

oodles DPP

Identity and Access Management Strategies to Establish GDPR Compliant Businesses

oodles DPP 2019-09-12

The European Union’s GDPR norms require IT security teams of businesses operating in the EEA to safeguard user identities.

Hefty fines to the tune of 20 billion euros and irrevocable reputational losses have spurred massive investments in data protection services.

Particularly, the global spending on identity and access management (IAM) solutions is expected to exceed $16 billion USD by 2022.

It is, therefore, the legal responsibility of global businesses to implement effective IAM strategies to comply with GDPR regulations.This blog post discusses the significance of IAM and its core practices in establishing GDPR compliant digital businesses.Decoding IAM and its ImplementationIdentity and Access Management or IAM is a business security protocol that ensures regulated access of user information to authorized individuals.

It ensures that only the right individuals have access to critical business data including employee and customer identities.Articles 5, 24, and 32 of the GDPR necessitate businesses to have an IAM system in place.

They mandate businesses to monitor the processing of personal data, implement threat prevention measures, and restrict access to sensitive data.Traditionally, businesses used a manual access control process such as Active Directory that involved grouping of members to access confidential information.

Best Practices in Breach Identification, Investigation, and Notification

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Data Breach is one of the worst nightmares that organizations are facing these days. Breaches can be a very costly event, especially if the Data Breach incidents are of a larger scale, affecting millions of customers. It said that on average breach can cost an organization $4 million, or approximately $200 per record breached especially when considering the lost business reputation, fines, and litigation costs, lost shareholder value, etc. While businesses are taking all the necessary measures to prevent a security breach incident, it is now a known fact that even the most secure organization is not 100% immune to Data Breaches. The webinar will be a live and interactive panel discussion with some of the most eminent industry stalwarts sharing their views, experience, and tips for dealing with incidents of Data Breach. Webinar will be moderated by our in-house expert- Mr. Narendra Sahoo, Founder and Director of VISTA InfoSec (PCI QSA, PCI QPA, CISSP, CISA, CRISC).

Privacy Risk Management — Data Protection Risk Management — Tsaaro

Davies Parker 2023-02-17

Given that each organization has different privacy requirements, our experts are skilled at detecting the dangers that each organizational data draws and the actions required in privacy risk management. Several privacy as well as data risk management procedures can be applied throughout the data life cycle. The first stage in ensuring data validation and data protection, monitoring and controlling data, and adhering to all relevant rules and regulations is to design a privacy risk management framework. A privacy risk assessment must be carried out, comprising procedures like risk identification, monitoring, mitigation, evaluation, and subsequent risk management, in order to keep them under control. Using the four management domains as a focal point, it is a helpful tool for putting a data privacy risk management framework into practice.

5 How to Know If Your PC Is Hacked?

techgiant guy 2020-11-02

Want to protect your PC before the hacker does harm?

Here are some warning signs to detect malware or virus before too much damage is done.

For more information, please visit: https://l1n.com/how-to-know-if-your-pc-is-hacked/

Data Privacy as a Discipline

Mahendra Patel 2021-07-08

Data privacy or information privacy is a very significant aspect of information technology. Internet users are constantly sharing their personal and sensitive information on various websites as a precursor to claim different services. Avoiding penalties is one of the primary reasons why firms comply with data privacy rules. Organizations that fail to comply with these laws face fines of up to millions of dollars and a 20-year prison sentence. Why do companies need to adapt data privacy as a discipline? It's the reason why individuals secure their sensitive papers with locks and buy lockers at the bank.

2023's Elite: The Most Reliable Enterprise Backup Solutions Unveiled

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The year 2023 has seen remarkable advancements in enterprise backup technologies, with solutions designed to ensure data integrity, improve recoverability, and enhance operational efficiencies. This article delves into the top enterprise backup solutions that have set the standard for reliability and performance in 2023. Veeam Backup & ReplicationVeeam has consistently been at the forefront of innovation in backup and recovery solutions, and 2023 is no exception. In 2023, Rubrik's enhancements in ransomware detection and recovery further solidified its position as a leader in secure enterprise backup solutions. ConclusionThe landscape of enterprise backup solutions in 2023 is diverse, with each platform offering unique strengths to meet the varied needs of modern businesses.

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Why is Privileged Access Management Important?

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Imagine you’re living in a big house full of people ( family) and everybody has access to almost every room of it.

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