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WinMagic Survey Finds Most Companies Won’t be Ready for EU GDPR Legislation on 25th May

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WinMagic Survey Finds Most Companies Won’t be Ready for EU GDPR Legislation on 25th May

A fifth of companies lack continuous encryption for personally identifiable information, and only half have the systems required to meet Articles 16 and 17 of the GDPR legislation 

With just one month until the new EU General Data Protection Regulation Legislation (GDPR) comes into force, data security company WinMagic, has today released the findings of research that suggests many companies will not be ready when it takes effect on May 25th, 2018.  62% of IT Decision Makers (ITDMs) surveyed describe themselves as ‘confident’ in the build-up, with 1 in 5 (18%) saying they are nervous.

Only half (51%) of companies say they have all the systems in place that will allow them to remove EU Citizen data from servers upon the request, including back-ups, in accordance with Articles 16 & 17 of GDPR.  Worryingly, a fifth (21%) do not yet have any systems in place.

In many cases, companies lack the systems and processes to ensure compliance with the new legislation which affects all companies holding and processing EU citizen data. They must have “appropriate technical and organizational measures” in place to safeguard personal data, as well as minimise data collection, processing and storage.  Non-compliance can lead to fines of €20 million or 4% of turnover, but this is far outweighed by the reputational damage that can occur from a data breach where non-compliance has heightened the risks for citizens.

Whilst 73% believe GDPR will change the way their business will operate to meet compliance, there are a number of key areas where they will fail to meet the requirements of the legislation: 

Data management delays

  • A quarter (25%) admitted that systems were only part implemented, and would not allow the automated removal of citizen data from back-ups
  • Just 48% of data is geo-fenced so that it cannot be accidentally, or intentionally, moved out of the legal jurisdiction under which it should be
  • Many ITDMs (49%) admit not always conducting security audits of the storage locations their data processing and storage partners use

Failing to encrypt data

An average 20% of the companies surveyed lack continuous encryption for personally identifiable information across their cloud and on-premises servers, despite appropriate levels of encryption and anonymisation being a requirement for GDPR compliance.  Encryption also acts as a last line of defense in the event of a data breach, making data illegible when in the hands of unauthorised parties.

Continuous encryption can be complicated to implement in modern environments where infrastructure and data span both cloud and on-premises servers. Where companies lack strict security and encryption management for technologies such as virtual machines and hyper-converged infrastructure, uncontrolled data sprawl can be common, leading to silos of hidden data, and a fragmentation of governance, that leaves companies non-compliant, and at risk of heavy fines.

Poor data breach monitoring

When a data breach occurs, speed is the key element in responding to on-going attacks, but also to controlling the spread and abuse of data by cybercriminals.  GDPR requires companies to report data breaches to the relevant regional authority within 72 hours of discovery, yet 41% of ITDMs believe they could not achieve this today.  Perhaps more worrying is that many companies lack the tools that will identify a breach ever occurred or the data taken:

  • 33% lack confidence and 6% have no confidence, that their systems would automatically identify a breach triggered by an external source.
  • For internal breaches, 34% lack confidence and 6% have no confidence, that their systems would automatically identify a breach event.
  • Only half (55%) believe they can precisely identify the data exposed by a breach

“Whilst companies have made general improvements in their preparations for EU General Data Protection Regulation, the survey suggests that most will not be fully compliant with the regulation when it comes into force,” said Mark Hickman, Chief Operating Officer at WinMagic.  “Whilst many will have sought the necessary authorisations from EU Citizens to store their data and use it for marketing etc., they will lack the processes and protections demanded by the legislation to ensure compliance and protect personally identifiable information with which they have been entrusted.  Effective control and management of the IT infrastructure spanning on-premises and cloud service providers for security and specifically encryption, will be a critical component in meeting the legislative requirements and minimizing the risks to consumers.”

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Honda’s part self-driving Legend a big step for autonomous tech

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Honda's part self-driving Legend a big step for autonomous tech 1

TOKYO (Reuters) – Honda Motor Co Ltd on Thursday unveiled a partially self-driving Legend sedan in Japan, becoming the world’s first carmaker to sell a vehicle equipped with new, certified level 3 automation technology.

The launch gives Japan’s No.2 automaker bragging rights for being the first to market, but lease sales of the level 3 flagship Legend would be limited to a batch of 100 in Japan, at a retail price of 11 million yen ($102,000).

Still, the new automation technology is a big step towards eliminating human error-induced accidents, chief engineer Yoichi Sugimoto told reporters.

The Legend’s “Traffic Jam Pilot” system can control acceleration, braking and steering under certain conditions.

Once the system is activated, a driver can also watch movies or use the navigation on the screen, helping to mitigate fatigue and stress when driving in a traffic jam, Honda said in a statement.

It can alert the driver to respond when handing over the control, such as vibration on the driver’s seatbelt, the carmaker said. And if the driver continues to be unresponsive, the system will assist with an emergency stop by decelerating and stopping the vehicle while alerting surrounding cars with hazard lights and the horn, it added.

The announcement comes after the Japanese government awarded a safety certification to Honda’s “Traffic Jam Pilot” in November.

Global automakers and tech companies, including Google parent Alphabet Inc’s Waymo and Tesla Inc, have been investing heavily in autonomous driving.

Yet even as the technology advances, regulations on autonomous driving differ from country to country. Audi unveiled an A8 sedan with level 3 technology in 2017 but regulatory hurdles have prevented it from being widely introduced.

Honda has no plans to increase production or sales of a level 3-equipped Legend for now, its operating officer said on Thursday.

($1 = 107.3400 yen)

(Reporting by Eimi Yamamitsu; Editing by Shri Navaratnam and Emelia Sithole-Matarise)

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Airbus to avoid redundancies in Germany, France, Britain

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Airbus to avoid redundancies in Germany, France, Britain 2

BERLIN (Reuters) – Airbus will make no forced redundancies in France, Germany and Britain, the European planemaker said on Thursday, as it reached an agreement with a German trade union to protect jobs until the end of 2023.

A spokesman for Airbus, which has been hit hard by slumping demand for aircraft in the coronavirus crisis, said other measures – such as voluntary redundancy programmes, early retirement or internal transfers – had been agreed instead.

Negotiations started later in Spain, the spokesman said.

Airbus has been struggling to reach targets to cut staff as part of a restructuring plan affecting up to 15,000 jobs, especially at its headquarters in France and in German plants, sources had earlier told Reuters.

The IG Metall union and works council representing Airbus workers in Germany said they had agreed with the aircraft manufacturer on an overall package to safeguard employment and sites in the country until the end of 2023.

About 1,300 employees at Airbus Germany and 1,000 at Premium Aerotec, a subsidiary that makes large plane components, took voluntary redundancy between November and February, Holger Junge, head of the group works council, told a news conference.

“Production figures have stabilised,” Junge said. “But we have not overcome the crisis.”

Airbus agreed to avoid further job cuts through short-time work and reducing hours by up to 20% from 2022, he said. Airbus employs about 55,000 people in Germany.

In January, Airbus stuck to ambitions for a partial recovery in jet production later this year, although there is speculation that it may have to delay that due to extended coronavirus lockdowns in Europe. [nL1N2JJ1DU]

(Reporting by Christina Amann and Alexander Huebner, writing by Emma Thomasson, editing by Thomas Escritt)

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Shell changes senior UK leadership in global overhaul

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Shell changes senior UK leadership in global overhaul 3

By Ron Bousso

LONDON (Reuters) – Royal Dutch Shell is changing the senior leadership of its operations in Britain as part of a global overhaul to cut costs and shift away from oil and gas to renewables and power.

Under the changes, which have been announced internally, country chair Sinead Lynch will become Shell’s global head of low-carbon fuels, a company spokeswoman said.

Lynch, who joined the Anglo-Dutch company in 2016 following its acquisition of BG Group, will be replaced by David Bunch who currently runs Shell’s retail business across Europe and South Africa. Bunch joined Shell in 1997.

The changes will take effect in August when Shell rolls out project Reshape, its biggest restructuring in decades as part of plans to reduce carbon emissions to net zero by mid-century and build a large low-carbon and power business.

Under the overhaul, Shell will cut 9,000 jobs, or more than 10% of its workforce.

As part of the management changes, Steve Phimister, head of Shell’s oil and gas operation in the North Sea since 2017, will be replaced by Simon Roddy, currently deputy managing director at Shell’s Nigerian onshore oil and gas joint venture SPDC.

Phimister’s new role in the company has yet to be announced.

Shell has gradually reduced its oil and gas operations and refining business in recent years but Britain remains an important market. The North Sea will remain one of nine main oil and gas hubs, the company said last year.

Shell also has a large retail network in the country and plans to significantly boost its electric vehicle charging point network. In January it agreed to acquire Ubitricity, the largest public EV charging network in Britain with over 2,700 points.

Shell’s European rivals including BP and Total have also set out ambitious long-term plans to slash greenhouse gas emissions and build large renewable energy businesses.

(Reporting by Ron Bousso; Editing by David Clarke)

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