by Bob | Apr 18, 2017 | Views
The British Chambers of Commerce (BCC) today published the results of its digital survey that suggested that, of the more than 1,200 businesses surveyed across the UK, some 20% had been hit by a cyber-attack in the last 12 months. It further reported that 42% of larger firms (those with over 100 staff) had been the victim of a cyber attack, compared with 18% of smaller ones. The BCC’s survey revealed that 21% of businesses believe the threat of cyber-crime is preventing their company from growing, while fewer than a quarter (24%) of businesses have cyber security accreditations in place. Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said: “Firms need to be proactive about protecting themselves from cyber-attacks. Accreditations can help businesses assess their own IT infrastructure, defend against cyber-security breaches and mitigate the damage caused by an attack. It can also increase confidence among the businesses and clients who they engage with online.” Referring to next year’s GDPR legislation Dr Marshall added: “Businesses should also be mindful of the extension to data protection regulation coming into force next year, which will increase their responsibilities and requirements to protect personal data. Firms that don’t adopt the appropriate protections leave themselves open to tough penalties.” Compliance3 have been working with businesses to ‘devalue data‘ and ‘take risk off the table‘. Data Security can be complicated and expensive, and the hackers are both clever and motivated. By effective de-scoping, even if your company is hacked, then personal and payment data need not be compromised. If you take payments online or over the telephone, we can...
by Bob | Nov 12, 2015 | Uncategorised
London – 11th November 2015 Yesterday evening Compliance3 hosted their first seminar ‘The Future of Customer Data Security & Compliance’, kindly hosted by Shepherd & Webberburn in their prestigious offices overlooking St Paul’s Cathedral in London. Around eighty FinTech and Data Security professionals attended and enjoyed beer and pizza. Those present heard a fascinating mix of views and predictions from Ian Dowson from Willam Garrity Associates, Dr Nasir Hussain of Strategy Foresight Partners, David Nordell of New Global Markets, Iain Cameron – formerly of the Department of Trade and Industry, and John Greenwood, one of the founders of Compliance3. While the recent high profile data breach at Talk Talk was a hot topic of conversation, the presenters spoke at length about global data security challenges, and the real threat of cyber warfare. The event was filmed, and the videos can be viewed here....
