Sheila Jambekar, Chief Privacy Officer at Plaid, and Michael Phillips, Cyber Practice Leader, USA at CFC, discuss the human element at the forefront of security innovations and policies.
by Nikhil Chawla
The goal of this conversation is to frame privacy risk from a legal/regulatory perspective as well as an operational (privacy engineering) perspective. As security leaders we need to understand that privacy is more than checking a set of compliance boxes. It includes concepts like “privacy by design.” Those ideas embody the regulatory/compliance requirements as specifications to be engineered in to systems. The goal is to create systems that enable “privacy by default.”
Background: In the landscape of hardware manufacturing, digital infrastructure intertwines with physical operations, creating vulnerabilities to cyber threats. Relying on interconnected systems like ERP and production databases makes manufacturing companies susceptible to severe cyberattack disruptions.
New advances in technology are rarely accompanied by updated data privacy laws. The combination of the digital age and dated legislation leads to complex litigations following large-scale incidents that can lead to costly payouts.
Resilience, a leading cyber risk management firm, today announced its launch of Technology Errors & Omissions (E&O) coverage for U.S. organizations with $300M–$10B in revenue. With $10M in limits available for both primary and excess placements, the E&O addition to Resilience’s existing cyber insurance offering is poised to further help clients mitigate and cover liability arising from technology products […]
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