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The housing crash of 2007-2008 that spilled into the great financial crisis is not news to any investor. Many are familiar with the devastating effects that collapse of the over-leveraged housing market had on the lives of individuals around the country. However, despite all of the negativity in... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:
COVID-19 Reinforces Need for Federal Consumer Data Privacy Laws Share Article COVID-19 may have kept some companies from preparing for the changes that the California Consumers Privacy Act (CCPA) brought in 2020, but it is coming—sooner and harder than most companies expect. Where consumer data privacy is headed and the possibility of a federal equivalent, among other topics, are addressed by Global IT Solutions provider Technologent’s Chief Information Security Officer Jon Mendoza. Currently, 47 states of the Union have weak or nonexistent data privacy laws. The CCPA allows consumers acc...
This has been a record year for cybercrime, thanks to COVID-19, ransomware, and nation-state attacks. As the world's attention was focused elsewhere, cyber criminals went on a major offensive, keeping enterprise security teams around the world on their toes. According to a recent McAfee report, cybercrime will cost the global economy more than $1 trillion this year: $945 billion in monetary losses and $145 billion in cybersecurity spending. Insurance giant Allianz estimates that 2020 is on track to hit record highs for the number of cybercrime-related insurance claims. Cybercrime is now...
2020: The Year the COVID-19 Crisis Brought a Cyber Pandemic 2020 will be remembered as a uniquely disruptive year — but not just for a global health crisis. Online life was digitally transformed, as exponential change accelerated at home and work via cyberspace. Ask almost anyone what the top global story was for 2020, and they will likely start with the COVID-19 pandemic. But there is much more to this story. 2020 will also be remembered as the year that security events exploded and cyberincidents transformed society in numerous ways. Consider this small sample of headline stories: The ...