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Analyzing Data Breaches: Data Retention Policies


Published April 8, 2021, 2:29 PM
It has been more than a month ago when the alleged data breach at Cashalo, operated by Oriente Express Techsystem Corporation, surfaced online. It was Valentine’s Day this year when several posts were made in forum websites on the “dark web” selling the personal information of some 3.3 million Cashalo users. Personal information such as usernames, passwords, email addresses, phone numbers, and even device identifications are being sold online at a bargain price. The same data resurfaced in the “dark web” this week.
This was posted April 4, 2021. Karun Arya, vice president for Corporate Affairs of Oriente, parent firm of Cashalo, said that “As before, the database in question was taken offline in Feb itself. All Cashalo user accounts and passwords are secure and cannot be accessed by anyone other than the account holder. We also continue to work closely with NPC and global cybersecurity experts to review and strengthen our cybers ....

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Global Privacy Regulations: Hot Spots to Watch in 2021 | NAVEX Global


Originally published in NAVEX Global s Top 10 Risk & Compliance Trends for 2021 eBook. You can download the full eBook here.
When it comes to data privacy law, change is the only constant. The global pandemic unleashed a new set of risks related to data privacy that companies will have to confront in 2021. But despite the COVID chaos, data privacy regulations around the world are becoming more strict, more prolific, and more stringently enforced.
In the coming year, we predict that organizations, especially those with global operations, may find that a single, comprehensive approach to data privacy in order to operate in this increasingly complex environment, the better and most risk-averse approach. ....

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