There has been much discussion recently about data falling into the wrong hands, following the Information Commissioner Office (ICO) fines for companies that have inadvertently lost customer data. Not to mention information that has come to light from the Wikileaks scandals. There can be no denying that the issue of sensitive data is something CIOs need to tackle head on.
Particularly with the ICO now having the power to fine organisations up to £500,000 for serious data breaches, ten times the maximum penalty level that had previously been in place. Interestingly for CIOs, certain commentators are now calling for even higher penalties and even the mandatory reporting of data breaches, as the debate on this issue looks set to run and run.
Article sourced from Sourcing Focus. For the full story click here.
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