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It appears that hackers don’t take the summer off. From the U.S. Office of Personnel Management to online dating site Ashley Madison, cybercriminals have been proving that they will go after just about any sort of target that holds people’s personal data.
At the same time, regulators have been trying to fight back—particularly in the European Union, where new rules on data protection are emerging that may be finalized as early as the end of this year. Although these regulations are European, many U.S. companies that do business in the EU and work with customers and employees there will still have to worry about complying.
Given the one-two punch of increasing cyberattacks and impending regulatory changes, now might be a good time for companies to take a hard look at the way they process and protect their data. “Most companies nowadays are going above and beyond anything that’s out there right now and looking forward to the future,” Kristoph Gustovich, director of hosting and security at Mitratech, told CorpCounsel.com. “They’re always looking to meet what’s going to be the next stage of regulations.”
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