The Impact of GDPR on User Consent in Platform Privacy

That's because no matter what you're doing online, there's always a theft or hacker lurking in the background with malicious intent.

Continue reading to find out how to protect your data in just a few simple steps.

Cloud Access Security Broker A cloud access security broker, also called casb solutions, is a tool or software program designed to monitor network traffic from on-site devices and the cloud.

Be Smart About Your Passwords Another one of the biggest steps to protecting your data online is by being proactive about your passwords.

The first step to being proactive about your passwords involves using a password manager.

A password manager helps you create a stronger password for all of your accounts and devices.

Two likely options you’ll need to consider are merging or acquiring other companies.On the surface, mergers and acquisitions appear simple, but they are complex business transactions that require meticulous planning and execution to realize growth.

According to a Harvard Business Review report, between 70% and 90% of mergers and acquisitions fail mostly because of inadequate due diligence.These statistics might discourage you from proceeding with your plan.But what if you knew what to consider to significantly increase the success rate of your planned M transaction?Here is an M and Due Diligence checklist: the most important items to confirm before proceeding with a merger or acquisition.1.

Hence, the first detail you should be concerned with is financials.Seeking financial documents, even before the discussion begins, is a great way to start.Browse the internet for news articles, and equity analyst reports.

Interview experts, major customers, and competitors to get a good view of what its financials are like.In negotiations, M and due diligence analysis of the company's financial statements go hand in hand.Examine documents including income statements, balance sheets, and cash flow statements which enlighten you on the profitability and operation costs of the company.Review both historical and predicted financials, as well as related financial metrics to see how the company has performed before, and how it is expected to perform in the future.All these statements provide critical data that will help you make informed decisions.You can identify areas that provide the best return on investment and ascertain whether you are okay utilizing the opportunities if the transaction goes through.In addition, if there is inaccurate data notable through inconsistencies, you can avoid falling trap into a bad business transaction.HP's acquisition of Autonomy resulted in a writedown of $8.8 billion, making it one of the biggest blunders of mergers history.It turned out that HP did not conduct a comprehensive review of Autonomy’s financial data, which had grossly misrepresented and inflated numbers.2.

This includes patents, copyrights, and trademarks, among others.Data also falls under intellectual properties which makes Data Privacy a priority in your IP considerations.Due diligence of IP helps determine whether there exists any transfer pricing and task risks associated with the intangible properties.Here are some questions to ask yourself:Does the company have any domestic or foreign patents?Has it taken any measures to protect its intellectual property?Is the company intruding into any third party's intellectual property or vice versa?

So you want to invest time and resources in these due diligence considerations for mergers and acquisitions.Small changes, such as cafeteria options and expense policies can disorient employees, leading to poor business performance.In anticipation of the resistance, you’re likely to receive, you ought to make a compelling case for change in your target company.You can consult with an employment lawyer to review employee contracts, benefits, and policies, and use Content Intelligence Platform to analyze contracts and discover sensitive clauses that could potentially affect the transaction.Without an extensive review of management issues, you can fall victim to the many unsuccessful mergers reported yearly.One of the costliest acquisitions ever took place in 2004 when Time Warner acquired AOL.

Having a data security and privacy service provider in Canada is extremely crucial in today’s times.

Companies that provide services like these help all the other businesses to keep clear their sensitive data from any malfunction or leak.

Big Data and Data Sciences is one such company in Canada that is providing its robust data security services to all the top organizations.

By following a structured approach, they fix the loopholes in your security system and make them strong enough to fight off any hacker or virus.

Every year thousands of people become victims of cybercrimes.

So, let us learn about them in detail.Use Secure BrowsersThe first thing you can do to improve your online privacy and security is to use a reliable and secure web browser like Firefox, Google Chrome, Brave, Tor, etc.

Visit Secure HTTPS WebsitesHTTPS (Hypertext Transfer Protocol Secure) websites are the websites that encrypt the data sent between a browser and a web server.

It is a small tip but can be very helpful.Use a VPNVPN is a software program that ensures its users’ online safety by creating a secure and encrypted connection to another network over the internet.

VPN transmits all your data in an encrypted format so that no website, tracker, or hacker can collect your data like your location, IP address, credit/debit card numbers, id, passwords, etc.

Yes, you can also use your browser’s private browsing mode to protect your online privacy and block sites from storing their cookies on your system.

Several remarkable cases proved GDPR is a useful tool for protecting online privacy. This omnibus piece of legislation forced businesses around the globe to introduce new solutions and change priorities in the sphere of data protection. Let's look at details of this massive legal document and some cases of judgments that took place in the post-GDPR world.

Original published on freshcodeit.com

Original article Victims of the New Data Protection Act 2018: How to Avoid Hefty Fines? published at freshcodeit.com.

Oodles data protection and privacy compliance team assist you to maintain technical standards and guidelines, classify data, mitigate cyber risks, adhere to policies, handle high-profile data breach issues, empower security team, and other related services. Our Data Protection and Privacy services enable business compliance with applicable laws, rules, regulations, privacy, and security standards in a hassle-free manner.

Map your data, eliminate gaps, adhere to standards and maintain the organization’s reputation.

We implement privacy maturity in your organization by preparing your business to meet the data privacy law and other global regulations’ requirements, reducing global sales friction, minimizing personal data storage and its process, protecting acquired customer data, measuring privacy-related business delay, reducing its impact through right actions, minimizing data breach while maximizing organization value.

With privacy by design concept, we ensure that privacy protection is embedded in the business processes, physical design, networked infrastructure, information technology, etc.

We assist you to prevent privacy breaches, set default privacy, follow privacy embedded design, protect full life cycle with visibility and transparency.

You'll need a system that adapts to the ever-changing cyber security scenario.

Every part of your company's IT architecture and operations must be able to prioritize, triage, and respond to cyber threats.When it comes to selecting a cybersecurity partner, several options may appear to be similar, have excellent track records of accomplishment, and offer varying amounts of value to managed service providers (MSPs).

You could be vulnerable to hacks, financial losses, and reputational damage if they are slow to respond or lack technical or interpersonal abilities.

Cybercriminals attack firms from all directions, from ransomware to phishing to advanced persistent threats (APTs).

Furthermore, if your in-house solutions function together flawlessly, you won't have any integration issues down the future.Keep your marketing in mindRegardless of the cybersecurity supplier you choose, you'll need to keep generating leads and communicating with consumers.

You'll need high-quality logos, layouts, and presentations, among other things.

The number of smartphones on the planet is growing year-on-year.

Almost all of us own a smartphone.

It is also very likely that you are reading this blog on your smartphone.The text above is a summary, you can read the full article here.