Verizon is expanding its encryption service to cover documents and e-mail. Encrypted Docs enables the user to encrypt files and folders and determine who can access, read and write to the file or folder, enforcing privacy policies.
According to the company, e-mail encryption and newly added data encryption services will help prevent privacy leaks, unauthorized access and help keep documents private in case of theft or loss.
Three units of HSBC Group have been fined GBP 3.185 million (USD $5.2 million) by Britain’s financial regulator for failing to protect consumer data from loss or theft.
The Financial Services Authority (FSA) said all three firms had been warned by HSBC Group Insurance’s compliance team about the need for robust data security controls in July 2007.
While implementing data storage policies that mandate where company files are to be stored is a popular data-protection measure, employees are not necessarily complying.
This is leaving organizations vulnerable to data loss, according to a survey.
Less than a fifth of consumers regularly back up data on PCs, according to security solutions firm Webroot.
Its latest research report, “State of Internet Security: Protecting Your Digital Life”, also shows that nearly one in five users had never backed up their personal files.
A rapid rise in losses from giant databases highlights the need for tougher sanctions to deter such security breaches, according to a privacy watchdog.
The UK’s Information Commissioner’s Office (ICO) is also calling on chief executives to take responsibility for the personal information their organisations hold.
System crashes and the ensuing data loss may be most IT managers’ idea of the end of the world.
Yet spare a thought for the folk running the LHC Computing Grid (LCG) designed by CERN to handle the massive amounts of data produced by the Large Hadron Collider (LHC).