The article highlights significant cybersecurity and privacy issues to watch in 2019. Cyber-security has become a global problem andmany organizations both small and big and grappling with the cyber-crime issues. Consequently, many solutions have been created to curb cybersecurity threats and risks. The regulations are part of the strategies aimed at curbing the menace in 2019 and beyond.
First, there is cybercrime related to Email Account Compromise (EAC) or Business Email Compromise (BEC), and the crime seems on the rise. According to FBI reports of July 2018 BEC incidents caused huge global losses that increased 136 percent between Dec 2016 and May 2018 accruing to $ 12.5 billion. BEC is also one of the typical cybercrime fraud targeting employees of an organization through enticing using a variety of means such as computer intrusions, social engineering and unauthorized transfer of funds. The threats may also involve compromise of business email and acquisition of employee personal identification information, tax returns, and other private transactions.
General data protection regulation (GDPR), the policy aims to ensure companies comply with established security law and the privacy of data. The GDPR targets to secure employee data through the imposition of fines for non-compliance. The regulation impacts business in the sense that risks will reduce significantly as technology advances. Standard enforcement of the policy prohibits the culture of cybercrime security.
California consumer privacyact (CCPA) was enacted to guarantee privacy and security of consumer data and information. The law stipulated observation of consumer rights including; consumer’s request to delete his/her personal information, the identity of a 3rd party to whom information was provided, and consumer right to exclude from the sale of personal identification information. The legislation requires adequate preparation for business entities in California. Some of the stipulation of the act includes a business entity that makes annual revenue of about $ 25 million, obtains half of its revenue through the sale of personal information and transaction of more than 50,000 consumer personal information.
Increased implementation and enforcement of HIPPA both in federal and state government as cybersecurity measure. Attorney general from states such as Indiana, Arizona, Wisconsin, and North Carolina jointly sued provider of medical software for allegedly breaching Health Insurance Portability and Accountability Act (HIPPA). The suit alleges that the medical software provider did not conduct the necessary standard security checks to ascertain the reliability and ability of the app to protect sensitive personal information. Consequently, data breach incidentoccurred in 2015 exposing about 4 million people and details including date of birth, names, email address, lab results, social security number, medical conditions and diagnosis, and health insurance information. Furthermore, the HIPPA aimed to secure protected health information (PHI) from access by business associates and other unauthorized persons.
Organizations are increasing collecting biometrics from employees for security and authentication purposes. Fingerprints, eye and face scan helps management to take full control of employees in terms of time management and access to protected systems. However, Illinois law restricts the acquisition of personal biometric data until an individual informed through written notice. Most states have legislated the use of biometric data for the time management of employees. In conclusion, cybercrime keeps on changing as technology is growing; therefore, there is a need to create and implement necessary legislation to curb the cybercrime menace.
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