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How Much Should Good Cybersecurity Cost?

How Much Should Good Cybersecurity Cost? Business owners and CEOs are very familiar with the financial ratios they use to run and monitor their businesses. Good Inventory turnover often varies between 2 and 10 depending on the type of business. A 2-to-1 “Current Ratio” of assets over liabilities can indicate a healthy business.

Penalties for Uber Exec Who Covered Up Data Breach

Uber was hacked in 2016, revealing the personal information of 600,000 Uber drivers and 57 million Uber passengers. If you joined Uber in or prior to 2016, there’s a good chance your data was exposed in the Uber Data Breach. Why are you learning about this now? Because on August 20, 2020, the Federal Trade Commission filed a criminal complaint against Joseph Sullivan, Uber’s former Chief Security Officer, because he not only didn’t report the crime, he actively worked to “conceal, deflect, and mislead the Federal Trade Commission about the breach,” according to the FTC.
About the Uber Data Breach
This wasn’t even the first time that Uber had been hacked: Uber had been breached in 2014, and Sullivan was selected by Uber to respond to the FTC’s inquiries into that data breach.

Why Your Business Should Protect Consumers’ Personal Information

Does your company collect, store and protect consumer data consistent with the California Consumer Privacy Act (CCPA)? On January 1 of this year, the CCPA took effect, and already there are lawsuits being filed under its provisions. The CCPA is a far-reaching privacy law that is designed to protect California consumers by requiring companies to secure their consumer data.

The C-Suite Cybersecurity Risk

There are many perks and privileges that come with being in C-Suite -- the upper management levels of a corporation. Among the perks available in some companies are company cars, big expense accounts, and corner offices. But in almost every company, C-level executives also have the ability to make and set rules.