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sandy ingram

forbes: The Hidden Cost of Privacy - 0 views

  • Special interest groups and lawyers claim they are defenders of individual privacy. But all that red tape is causing more harm to consumers than good.
  • In a world of tight budgets and sacrificed programs, one sector has continued to grow with the speed and choking effectiveness of kudzu: regulations around privacy.More than 300 privacy-related laws are on the books, in both Washington, D.C. and state capitals. Privacy-related consulting services provided by law and accounting firms are a $500-million-a-year business and have been growing at double digits.
  • In other instances, the American approach to privacy occasionally produces too much of it, notably when it comes to medical research. Federal privacy laws involving health records are often so stringently interpreted by bureaucrats that studies involving life-threatening diseases have had to be scaled back or canceled. A pioneering, decades-long study of strokes and heart attacks shut down this year when researchers weren't able to get the necessary patient-consent forms signed.
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  • A recent report from the Institute of Medicine says privacy laws have created a crisis for U.S. researchers. Lawrence O. Gostin, the Georgetown University law professor who presided over the study, complains that the consent forms that are a centerpiece of many laws don't even do a good job in protecting medical privacy. "Patients don't understand what they are signing," he says.
  • Lawyers who spend their workdays preparing privacy-related notices freely admit that scarcely anyone reads them. The yearly privacy updates from banks required by the 1999 Gramm-Leach-Bliley Act are commonly cited as especially useless; no less an authority than Ralph Nader says the mailings are among the biggest wastes of paper in human history."Whenever I am speaking, I ask the audience if anyone has ever made use of one of those forms," says Kirk J. Nahra, an attorney with Wiley Rein in Washington, D.C. "If even one person raises their hand, I am amazed."
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    Special interest groups and lawyers claim they are defenders of individual privacy. But all that red tape is causing more harm to consumers than good.
sandy ingram

The Cloud's Green Advantage - Forbes.com - 0 views

  • When small organizations (100 users) move to the cloud, the effective carbon footprint reduction could be up to a 90% savings by using a shared cloud environment instead of their own local servers
  • For large corporations, the savings are typically 30% or more. In a case study with a large consumer-goods company, the team calculated that 32% of energy use and resulting carbon emissions could be saved by moving 50,000 e-mail users in North America and Europe to Microsoft's equivalent cloud offering.
  • What accounts for these significant energy savings? Think of cloud computing as being like mass transit. The data center is essentially getting computing applications to carpool or take the bus instead of sitting in their own individual servers. However, unlike mass transit, there is no sacrifice in convenience or performance with this move. Consider the disappointing fact that a typical server in a company often runs at about 10% of capacity, meaning there are lots of servers out there drawing power without doing much computing
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  • The economies of scale of cloud data centers allow much higher utilization of servers, dynamic provisioning to better match server capacity to demand, and multi-tenancy to serve thousands of organizations with one set of shared infrastructure.
  • The efficiency benefits of the cloud won't be realized unless customers are thoughtful about decommissioning or repurposing unused servers, and cloud providers like Microsoft continue to innovate in the name of greater and greater efficiency.
  • For companies with their own large-scale infrastructure, this study identifies the key drivers that will let them optimize for the greatest efficiency as well.
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    "In his piece, "Cloud Computing Meets Energy Management," William Clifford makes important points about the need to optimize the efficiency of both cloud data centers and on-premise computing. However, a new study released this week challenges his assertion that cloud computing "just transfers the consumption problem to another location." The findings suggest instead that cloud computing can significantly reduce the overall net energy use of business computing needs."
sandy ingram

Three Things That Every CEO Should Know About Cyber Security Spending - The Firewall - ... - 0 views

  • ONE: If your enterprise isn’t in energy, defense, or finance, it’s not a high priority target so don’t spend money like it is.
  • TWO: If you do lead a company in one of those 3 sectors, there’s nothing on the market today that will stop an adversary from stealing your most valuable data. The best that you can hope for is to raise the cost to an adversary to mount a successful attack against you, which means he’ll target a less well-protected company instead. This is known as the You-Don’t-Have-To-Outrun-The-Bear School of Security.
  • THREE: Your IT department’s job is not to protect you. It’s to protect the enterprise’s network. That makes you and your C-level colleagues the “10 ring” of the target.
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  • Most C-level executives are inundated with far more material then they could ever read, so this post will be short and to the point. If you’re a CEO, CIO, or other C-level executive, here are three things that you need to know to avoid over-spending on cyber security:
  • I’m giving a free webinar at 10am (Pacific time) this morning for UBS and their clients on the evolving state of cyber warfare in general and risks to C-level executives in particular. In addition to surveying the threats, I’ll offer some advice on how executives can defend themselves. Here’s the information you’ll need to join the call: Participant Toll-free: 800-768-5109 Toll: 212-231-2909 Code: 21488152
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    "Most C-level executives are inundated with far more material then they could ever read, so this post will be short and to the point. If you're a CEO, CIO, or other C-level executive, here are three things that you need to know to avoid over-spending on cyber security:"
sandy ingram

Managing Cloud Risks - Forbes - 0 views

  • SLAs and the “Right to Audit” Clause When you move your data to the cloud, you must consider the risk to your brand should a breach occur. You need to ensure that any Service Level Agreements (SLAs) you have in place protect it. SLAs should address any and all risks to your data while it lives in the cloud. 
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    Vendor Risk Management and Cloud Security Standards Another important consideration when mapping out your cloud GRC strategy is to ensure your vendor risk management program accounts for the new risks that come with moving to the cloud.
sandy ingram

For Small Businesses, Account Fraud Adds Up - 0 views

  • Now, in a survey of more than 600 small business owners and executives, the Ponemon Institute has tried to put a number on the cost of credit card account fraud for those vulnerable targets, comparing the damage with the cost of physical theft by employees or burglars. The result: While identity theft takes less from businesses per incident than either robberies or crooked employees, it hits them often enough that it's an equally costly or even costlier problem. According to Ponemon's study, the median account fraud incident costs a business $5,136. That's much less than the $9,913 the respondents attributed to the median cost of a burglary or $17,517, the cost they attributed to an employee theft case. But take the frequency of those incidents into account, and the pain adds up. About 86% of businesses have suffered from account fraud, more than the 77% who have been robbed or the 63% whose employees have stolen from them. And among those victims, most businesses experience employee theft either once (32%) or zero times a year (41%). Robberies are less costly but more frequent: Most businesses report them either once (29%) or between two and five times a year (38%). Account fraud is far more frequent: 45% of businesses have been digitally defrauded two to five times in the last year, and 38% have been defrauded more than five times.
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    Small businesses, by contrast, don't always share those protections. And that means they often feel the full brunt of cybercrime
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