Data protection disputes set to surge in the next five years

first_imgRelated Posts Ryan Matthew Pierson Tags:#Ashley Madison#Avid Life Media#Big Data#data security#Internet of Things#IoT Follow the Puck How Myia Health’s Partnership with Mercy Virtua…center_img Internet of Things Makes it Easier to Steal You… With incidents of data breaches and other data protection issues on the rise, researchers are looking into just how much we can expect data protection disputes to rise in the next five years. This is the focus of a recent research study conducted by the School of International Arbitration at Queen Mary University of London in coordination with Pinsent Masons law firm.The study found that disputes resulting from data and security breaches is expected to rise by as much as 191% in the next five years alone. 67% of respondents indicated that data breaches caused by employees was very common. This is compared to 70% that stated third parties are at least somewhat commonly responsible.The study, which was conducted with 340 legal experts from around the world, also found that data protection disputes are also expected to increase as much as 104%.Data protection issues currently make up 13% of all telecoms, media and technology (TMT) disputes. This increase would have a huge impact on IT companies’ bottom lines.The importance of substantial data protectionFor any company that deals with data of a significant and/or personal nature, data security and the legal costs that come with it are a big deal. When a large corporation such as a bank or a retail giant suffers a breach of its data stores, thousands and even millions of people are affected.Information such as a person’s name, email address, financial information, health records, and passwords can be bought and sold on the black market quickly after it has been illegally obtained. This information can lead to a cascade of problems for the individual, including identity theft and financial ruin.This became shockingly true for the 30 million people that used the popular infidelity site, Ashley Madison. A data breach on its servers had fallout that went well beyond simple identity theft. News of the breach, and the resulting data dump that outed thousands of government employees and officials in the United States alone, resulted in suicides and countless incidents of extortion.For Avid Dating Life and Avid Life Media, the companies behind Ashley Madison, this breach could result in hundreds of millions of dollars in damages from class-action lawsuits being filed in several countries.The challenge of protecting IoT dataOver the past year, the security of the Internet of Things has been brought into question. The widespread outage of popular websites like Amazon and Twitter that occurred in 2016 happened because IoT devices. These devices transmit and receive sometimes sensitive information, were found susceptible to malicious software injection.Our home’s security systems, medical devices, and even our cars are becoming full-fledged computers with Internet connections. The type of data they gather and send to the cloud ranges from innocuous status updates to live video streams.Protecting the IoT is paramount to preserving the security of its users’ data and the financial well being of their creators. Why IoT Apps are Eating Device Interfaceslast_img read more

Protesters in Rajasthan give away vegetables to the poor

first_imgFarmers belonging to Nindar village, 20 km from here on Monday staged a novel protest as part of the 10-day-long ‘gaon bandh’ (rural shutdown), to draw the government attention and the public at large to their plight.The farmers, who had stopped the supply of vegetables and milk to the cities, distributed vegetables free of cost to the poor. They also served cold milk to the passengers travelling on the Sikar-Jaipur highway.Farmers of Nindar and nearby villages of the Chomu region, including Rajawas, Jairampura, Jalsu, Modi and Chatarpura, took part in the initiative.The Nindar Bachao Yuva Kisan Sangharsh Samiti activists, led by its convenor Nagendra Singh Shekhawat, said they were ready for a prolonged struggle to get remunerative prices for their produce. “We have stopped vegetable and milk supplies to Jaipur since June 1. We will intensify our agitation if the government does not respond to gaon bandh,” said Mr. Shekhawat.Nindar village had made headlines in October last year when its residents dug pits and trenches and buried themselves waist-deep in the mud for a month to protest against acquisition of land for a housing project.last_img read more

Navios to Select DuPonts EGCS for Its Ships

first_imgzoom Navios ShipManagement Inc., a member of Navios Group, is looking to hire DuPont Clean Technologies as its preferred supplier of exhaust gas cleaning systems (EGCS) for the company’s vessels. Under a letter of intent, Navios and DuPont Clean Technologies said that they would carry out a joint feasibility study and techno-economic analysis of marine scrubbing units for retrofitting or new build installation on a variety of vessels, from bulk carriers to containers and tankers.The planned feasibility study will examine the viability of fitting DuPont™ Marine Scrubbers on both retrofit and newbuild projects.“Talks with Navios reached this point because both companies are focused on efficiently reducing emissions. With our technical capabilities and flexible, reliable exhaust gas cleaning systems, we are able to ensure that Navios maintains its emissions standards with full confidence,” Marco Dierico, business development manager for DuPont™ Marine Scrubbers, said.Navios Group operates a fleet of 163 owned and long-term charter-in vessels ranging from Capesize to Panamax, Ultra-Handymax and Handy size bulk carriers, container vessels and MR2, LR1 VLCC and chemical tanker vessels deployed for freight movement around the world.last_img read more

Butterfly Ball Raises £15 Million For Charity

first_imgHRH Princess Beatrice, Rod Stewart and Sir Bruce Forsyth were among the guests at a glamorous charity ball in London last Thursday which raised over £1,500,000 for national charity, Caudwell Children.The charity, which provides practical and emotional support for disabled children and their families, hosted the Diamond Butterfly Ball at Battersea Evolution in Battersea Park and over 600 guests enjoyed a glamorous evening of entertainment and fundraising, which culminated in an exclusive performance by singer, Gary Barlow.The evening’s auction, which was hosted by best-selling author, Jeffrey Archer, raised an amazing £1,500,000 for the charity founded by the entrepreneur and philanthropist, John Caudwell.Proceeds from the event will be used to transform the lives of disabled children living in the UK. Since 2000 the charity has provided over £20million worth of support and helped thousands of families from right across the country.Other celebrity guests included Peter Andre, Amy Childs, Marcus Wareing, Anthony Head and Sinitta. The evening was hosted by Jonathan Wilkes.Ahead of the London 2012 Olympics and Paralympics, this year also saw a number of world-class athletes attend, including Mark Foster, Lee Pearson CBE, Derek Redmond and Jamie Baulch.Charity Chief Executive, Trudi Beswick, said: “We are delighted at the overwhelming support we received from all of our guests here this evening. In the current economic climate this money is more important than ever and will help us touch the lives of thousands of children. I can’t thank everyone who donated tonight enough.”For more information about Caudwell Children, visit www.caudwellchildren.com.last_img read more