Data Security - Five Common Mistakes

Even before the pandemic, data breaches were a common occurrence, with prominent companies suffering attacks that were regularly reported and analyzed. They have continued to surge, and data security is at the top of every organization’s mind. 

Due to the changing threat landscape as a result of a hybrid-remote working model that has created a wider attack surface, threat actors are increasingly successful in gaining access to sensitive data, and organizations are still struggling to implement adequate data security practices to avoid breach. 

Many of these organizations still tend to make critical mistakes with regards to data security that, if left unaddressed, can lead to drastic consequences for the entire business.

Check out the five common mistakes we all make HERE.

Common Mistakes When Addressing Data Security

“Must Reads” for 10 February

Today’s “Must reads” in banking, fintech, payments, cybersecurity and risk management include:

• Bridging the Trust Gap: How Fintechs Beat Incumbents at Their Own Game
• Has JP Morgan Chase learnt the lessons of Finn and Bó? - FinTech Futures
• New Ethical Concerns in Online Privacy and Data Security
• Common themes from financial statement fraud SEC enforcement actions
• Open Banking Is Now Essential Banking: A New Decade’s Global Pressures And Best Responses, Part One
• FinTech in 2021: Top predictions and trends