Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Protegrity

Enhancing Data Security in the Wake of Recent High-Profile Breaches

Recent high-profile breaches at Ticketmaster and Santander, attributed to the ShinyHunters group, have brought the critical need for robust data protection measures to the forefront. ShinyHunters, a notorious cybercriminal group known for stealing data from various organizations for financial gain, has demonstrated how vulnerabilities in third-party platforms can lead to significant data breaches.
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Six steps to protecting data in financial services companies

There is no shortage of news headlines about companies falling victim to cyber breaches and the astounding costs associated with them. According to the IBM Cost of a Data Breach Report 2023, the global average cost of a data breach in 2023 was $4.45 million, a 15% increase since 2020. For the financial services industry, the cost is even higher at $5.9 million per breach; that is 28% above the global average.

Is over-focusing on privacy hampering the push to take full advantage of AI?

Customer data needs to be firewalled and if protected properly can still be used for valuable analytics In 2006, British mathematician Clive Humby declared that data is the new oil-and so could be the fuel source for a new, data-driven Industrial Revolution.

The Australia's Data Privacy Report Impacts Business Data Protection | Protegrity

We’re entering an age where technology is quickly surpassing us, with advancements and capabilities outshining any other time in history. As businesses look to evolve with emerging technologies, so do regulatory requirements designed to protect PII used in creating these systems and programs. If the stakes weren’t high enough, the 2024 Australian Data Privacy Act is shifting full data responsibility back onto businesses, holding big enterprises to a more significant standard in their data ownership.
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Cloud computing - The first step to an effective data modernisation strategy

Many organisations realise the benefits that lie within the data they collect daily. This modern approach to data empowers businesses to leverage data for innovation and monetization while at the same time enhancing security and privacy. While this may seem like a conundrum as companies have traditionally buried their data deep into IT architecture to prevent it from being accessible, even by the employees, today it is possible to have the best of both. This process starts with the cloud.
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Harnessing the value of data with data monetisation

Businesses around the globe are using new technologies to change the world. But this wouldn't be possible without the use of sensitive data such as Personal Identifiable Information (PII) and Protected Health Information (PHI) to drive advancements in personalisation and sophistication. However, if companies are using data that typically is associated with medical records and insurance claims, this bodes the question, is personal data secure?

Turning Insight into Action: Data Modernisation in Banking

Financial institutions are struggling to keep pace with technological advancements while ensuring data security and compliance with stringent regulations. Data modernisation has emerged as a critical strategy for banks to remain competitive, enhance customer experiences and fortify data security measures. In this blog post, we’ll discuss the importance of data modernisation in banking.

Australia's Cost of a Data Breach in 2024

Australia’s Data Privacy Landscape is EVOLVING QUICKLY In February 2023, the Australian government released the results of a two-year review of the 1988 Data Privacy Act. This was followed by a response in September, authored by Attorney General Mark Dreyfus, that agreed to 38 of the 116 recommendations and a further 68 ‘in principle’.

AI, Advanced Analytics, & Cloud Migration: Top Trends in Data Modernization

Let’s dive into a world where data isn’t just growing — it’s exploding — setting the stage for an AI-driven future that’s as exciting as the next sci-fi blockbuster. With innovations like ChatGPT and Neuralink pushing the boundaries of what’s possible, we’re on the precipice of a data revolution.