Volume: 9 Issue: 3
(March 2012)
Keywords:
data
security
corporate
data
security
2.0
dealing
new
challenges
security
landscape
changed
significantly
over
last
ten
years
regulators
toughen
The security landscape has changed significantly over the last ten years as regulators toughen up regulation in the wake of scandals, starting with Enron and Worldcom and spanning government loss of child benefit data and beyond. Laws such as Sarbanes-Oxley (SOX), the FSA handbook, and the Data Protection Act (DPA) create a patchwork of legislation requiring companies to ensure data integrity and security. Breaches have increasingly serious consequences, including significant financial penalties, the threat of custodial sentences for company directors and highly negative reputational impact. New technology is making the landscape even more difficult. Simon Briskman and John Brunning from Field Fisher Waterhouse LLP, examine how businesses can manage new technologies to ensure compliance.