NEWS & products cybersecurityeurope PAGE 12
JUST 48% OF SCHOOLS ‘GDPR COMPLIANT’: SURVEY
Fewer than half of UK schools and colleges polled by RM Education and Trend Micro think that they are fully GDPR compliant, and also admit to ‘confusion’ over staff responsibility with regard to GDPR compliance. Half of schools surveyed believe that they are in breach of the regulations – 52% of schools did not think they are GDPR compliant. In addition, 14% of schools ‘still do not have a strategy in place’ to become GDPR compliant. However, 77% of respondents stated they were ‘confi dent’ that their school/college was as secure as it could be against a cyber attack. ‘Accidental loss by staff ’ is rated as the biggest (75%) data threat. |
rm.com/GDPR-in-schools
EUROPOL AND MRC EUROPE ACCORD
Europol’s EC3 (European Cyber Crime Centre) has signed a MoU with
the European Merchant Risk
Council (MRC Europe), the not-for- profi t business association set-up to fi ght e-commerce fraud in Europe. MRC Europe is a partner of EC3 in taking action against e-commerce fraud across European markets. As such, MRC Europe is perforce a key stakeholder in the recurrent Europol e-Commerce Action, an EMPACT operation that targets cyber fraudsters and serious organised crime groups with the help of national competent authorities, as well as MRC Europe’s network of 535 e-merchants. The EMPACT initiative operates internationally. |
europol.europa.eu
NEGATIVE CONSEQUENCES THAT RESULT FROM A CREDENTIAL STUFFING ATTACK SOURCE: PONEMON INST./AKAMAI APPLICATION DOWNTIME FROM LARGE SPIKES IN LOGIN TRAFFIC COSTS TO REMEDIATE COMPROMISED ACCOUNTS LOWER CUSTOMER SATISFACTION
73% 63% 48%
LOST BUSINESS DUE TO CUSTOMERS SWITCHING TO COMPETITORS COMPROMISED ACCOUNTS LEADING TO FRAUD-RELATED FINANCIAL LOSSES
DAMAGED BRAND EQUITY FROM NEWS STORIES OR SOCIAL MEDIA 14% OTHER 5%
10% 20% 30% 40% 50% 60% 70% 80% BOTS COSTING COMPANIES AVERAGE OF €3.57M A YEAR
Companies lose an average of €3.57m per year due to credential stuffi ng attacks, research from Akamai has found. European companies will now experience an average of 11 credential stuffi ng attacks each month, the company reports. They cause application downtime, loss of customers, and demands on IT security, resulting in annual average costs per business of €1.07m, €1.42m and €1.07m, respectively, on top of the fi nancial damage incurred by successful fraudulance. |
akamai.com
GENDER MORE WOMEN IN SECURITY ROLES AT C-SUITE LEVEL (CONTINUED)
post-graduate degrees and not only working in the frontline, but also in the c-suite.” Women also bring higher levels of education, the report found. More women (52%) in the survey hold a post-
graduate degree than their male counterparts (44%). For all their diff erences, the report’s fi ndings indicate that men and women
42% 40%
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