Ouch! The Potential Cost of Cyber Security Breaches and GDPR Non-Compliance
'Ouch! The Potential Cost of Cyber Security Breaches and GDPR Non-Compliance'
Jenny Parsons, ProTech's COO, gives her personal view..
If there are any senior executives within NFPs, membership organisations or associations who have yet to be convinced of the threat cyber security breaches pose to us all, they must have had their heads in the sand for a very long time. Surely there isn’t a ‘desert’ anywhere that didn’t receive news of Wannacry and the more recent ransomware cyber security attack, both hitting computers across the world.
The example of Wonga, which in April warned 245,000 of its UK customers and 25,000 customers in Poland that they should be vigilant after a serious data breach, should have been another warning in an ever-increasing list. ComputerWeekly.com’s Security Editor, Warwick Ashford wrote that the breach ‘may have exposed personal details’ including some financial information, and that it could be the UK’s biggest data breach to date.
Short-term loan firm Wonga, emphasised that customers’ full card details were not at risk however even incomplete sets of financial data can put affected customers at risk of financial loss, according to some security experts. Should the personal data breach at Wonga be confirmed then the Information Commissioners’ Office (ICO) will take a close look to determine if the company had taken adequate precautions to keep its customer data safe.
To read the full article click here
BACK TO INSIGHTS
Sign up to our newsletter and brochureContinue to learn more about ProTech’s lastest news, insights, software updates and forth coming releases. Sign up for our newsletter and request a brochure. SIGN UP HERE
Keep your data safe by registering for the free Security and Resilience ForumProTech, Sungard and Imperva can help you protect your data and your business.
ProTech ProInsight User Group Autumn 2017 – Book your free place now!Discover the latest sector insights and news and views from ProTech HQ
GDPR: Data breach reporting - ‘tell it all, tell it fast, tell the truth'by Jenny Parsons, COO, ProTech
NCC Education Selects ProTech’s Cloud-Based CRM & Digital Solution
to Enhance Customer Service, Improve Operational Productivity, Efficiency and Support Business Strategy
ProTech Accepted onto G-Cloud Marketplace...bringing highly-secure cloud based CRM software to procurement teams within the public sector
Ouch! The Potential Cost of Cyber Security Breaches and GDPR Non-ComplianceJenny Parsons, ProTech's COO, gives her personal view..
P R E S S R E L E A S E - Pro9 Launch
ProTech launches Pro9 - Major Upgrade to its Specialist CRM Software
Transforming The Operational Efficiency Of Your NFP.... The VerdictAssociation News' Editor Michael Hoare's report on ProTech Seminar Day
Successful ProTech Seminar Helps NFP Professionals Increase Member Engagement and Transform Operational Efficiency
How to Increase Member Engagement: MemberWise Blog Part 1Think of Members as Consumers and Harness Your Member Data
Top 10 Tips for Improving Member RetentionOn average it costs an organisation 7-10 times more to acquire a new member than it does to hold on to an existing one...
Looking for new ways of engaging with your members and transforming the operational efficiency of your NFP?
ProTech/Society for Endocrinology case study:
ProTech ensures Society for Endocrinology takes full advantage of CRM