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Microsoft Data Breached In Suspected Russian Hack | Data Privacy Newsletter

2020/12/29 19:52In Consulting Services, Thought Leadership, Indirect Resellers, Direct Customers

Protecting your company data is integral to maintaining business processes, especially as the world moves towards a cloud-based future. Our Data Privacy and Compliance newsletter is your go-to guide for securing your workplace and employees (whether they work remotely or not).

Microsoft breached in suspected Russian hack using SolarWinds

Microsoft was hacked as part of the suspected Russian campaign that has hit multiple U.S. government agencies by taking advantage of the widespread use of software from SolarWinds Corp, according to people familiar with the matter.

As with the networking management software by SolarWinds, Microsoft's own products were then used to further the attacks on others.

It was not immediately clear how many Microsoft users were affected by the tainted products. The Department of Homeland Security said that the hackers used multiple methods of entry, but is continuing to investigate.

For more information, click here.

Privacy is the new competitive battleground

The prioritization of consumer data privacy comes out of a need to address growing consumer concerns, which have consistently made headlines in recent years. Attention-grabbing stories such as the Cambridge Analytica data privacy scandal, as well as major breaches at companies such as Equifax, have left consumers wondering whom they can trust and how they can protect themselves. And the research is pretty conclusive - consumers want more out of their businesses and governments.

Read more here.

Data Privacy and Governance Will Be Top Business Priorities in 2021

Consumer demand for privacy and increased legal requirements are making privacy and security top concerns for organizations. Companies are still in the early stages of understanding, adopting, and implementing data privacy requirements and programs that support their company security practices and culture.

Building the right foundation to highly secure and protect your company includes several fundamentals that are critical to supporting the infrastructure from the ground up. The foundation should be built upon the National Institute for Standards and Technology privacy framework.

Looking Ahead To Data Privacy In 2021

We will see a handful of clear trends for businesses as they relate to data privacy, based on the continued surge in data creation and monetization, combined with the momentum of new privacy regulations.

New data management and access models will emerge

So, with the rise of data monetization (data selling) and data sharing, organizations will need to protect data in motion via new computation models that incorporate privacy-preserving analytics and innovative architectural models.

Infrastructure will take center stage

Cloud migration and data lakes will become more critical in allowing people to safely do their jobs no matter where they are.

Privacy laws are driving privacy-preserving analytics

Expect to see further developments among the companies that collect data to investigate ways of analyzing that data responsibly. We may also see an increase in the need and availability of privacy-preserving technologies, especially for those aimed at companies in the financial services, healthcare, and retail sectors.

Data Protection Tip of The Month

• Use a personal monitoring service that informs you when your data has been stolen in a hack or when there are signs of identity theft. These are useful tools to stay ahead of potentially costly or complicated problems.

Content Corner License Advisory Services: You don't have to hire licensing specialists...let Crayon be your team!

The task of running an organization is undoubtedly not an easy one. Every single cog of the machine must fit entirely within another and work together seamlessly. A single person can't manage every aspect of the business without help. As companies grow, they hire entire teams to handle marketing, sales, legal, human resources; the list goes on. So why leave a complex issue like software licensing and compliance up to an IT team that already has their plate full?

Every Employee Has a Cybersecurity Blindspot

80% of companies say that an increased cybersecurity risk caused by human factors has posed a challenge during the pandemic, particularly in times of heightened stress.

Read the full article here.

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Anfernee Bonds - Technical Community Manager