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Moyce, who has worked in financial security for more than 25 years, says Tesco Bank customer losses were "almost certainly" not the result of a TalkTalk-style outside hack, but were more likely caused by a failure of its IT security and data protection processes.
We write IT security and data protection policies for businesses designed to protect them should they be hacked into.
Manages hosting, IT security and data storage for mid to large-sized companies in financial, pharmaceutical and technology industries.
Almost a year ago, the firm bought a majority stake in IT security and data protection company Sophos, valuing the company at $830 million.
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Another factor it flags up as creating renewed interest in IT security spending — and data loss prevention buying decisions specifically — is the European Union's incoming General Data Protection Regulation, which is due to come into force in May 2018.
IT topics, like security and data analytics, have become part of the boardroom discussions and key components to a successful business strategy.
More than half of IT leaders are experiencing a skills gap in data engineering, IT security, and application development.
According to data privacy regulations, the IT structure (figure 2) implements specific concepts regarding the protection of data privacy, security and data economy.
This also applies to the large and even more problematic set of issues concerning data security and data utilisation.
One is the worry over security and data protection.
(3) Other issues such as data security and data compression are not sufficiently addressed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com