Security News
Threatpost editors talk about the biggest security news stories for the week ended Jul. 24.
Dtex Systems announced the release of Intercept 6.0, a Next-Generation Insider Threat Management solution. Dtex Intercept 6.0 is a first-of-its-kind Insider Threat Management solution that delivers always-on, human-centric security by proactively illuminating dangerous activity as 'Indicators of Intent' in real-time across the entire organization, both uncovering malicious and negligent behavior well before an incident occurs, and providing a full audit trail after without invading employee privacy.
Privacy commissioners worldwide urged video conferencing systems like Microsoft, Cisco and Zoom to adopt end-to-end encryption, two-factor authentication and other security measures. Global privacy commissioners issued a joint public decry against leading video conferencing companies such as Cisco Systems, Microsoft and Zoom to demand the companies beef up their security and privacy strategies.
Facebook on Wednesday unveiled new privacy and security features for its Messenger application. One of the new privacy features is called App Lock and it allows users to protect their private chats when they borrow their phone to a friend or family member.
In an open letter this week, six data protection and privacy regulators from around the world have asked video teleconferencing organizations to focus on security and privacy-by-design. The regulatory community, which is responsible for ensuring the privacy of individuals worldwide, is concerned that the increased use of video conferencing solutions as a result of the COVID-19 pandemic has heightened the risks associated with the handling of personal information by VTC companies, and has created additional risks as well.
Companies with inadequate data privacy practices are 80 percent more likely to suffer a data breach than those with the highest-ranked privacy practices and will face fines seven times larger than companies with the best scores in the event of a data breach. Privacy issues Companies with the lowest privacy scores lost 600% more records than high-scoring companies.
There's a direct correlation between a company's poor privacy practices and the likelihood of a data breach, according to a report from the data privacy platform Osano, The Osano Data Privacy and Data Breach Link. Businesses with poor privacy practices are 80% more apt to experience a data breach.
Digital privacy is paramount to the global community, but it must be balanced against the proliferation of digital-first crimes, including child sexual abuse, human trafficking, hate crimes, government suppression, and identity theft. The more the world connects with each other, the greater the tension between maintaining privacy and protecting those who could be victimized.
When an organisation's only customer interface is via Facebook or Twitter, it forces customers to agree to terms that harm their privacy in order to communicate. That has not changed from when Privacy Shield was OK for those who preferred not to look too closely, and there is still some margin for using opt-out "Standard contractual clauses" that have been not been ruled invalid, for now.
The EU Court of Justice has struck down the so-called Privacy Shield data protection arrangements between the political bloc and the US, triggering a fresh wave of legal confusion over the transfer of EU subjects' data to America. Austrian privacy activist Max Schrems brought the latest edition of the long-running case in 2015, complaining that Ireland's data protection agency wasn't preventing Facebook Ireland Ltd from beaming his data to the US. Once his data was in the US, Schrems argued, no EU-style data privacy controls were legally enforceable by him or anyone else in that situation.