Coverage of a thwarted cyberattack against carmaker Tesla last week suggested the alleged perpetrator was also involved with the July ransomware used against CWT. The travel management company reportedly paid out more than $4.5 million in Bitcoin to regain control of its computers and protect client data. While there’s no confirmation that it’s the same…
By Daniel Dobrygowski, head of governance and policy for the World Economic Forum Centre for Cybersecurity, and Derek Vadala, CEO of Cyber Assessments, a joint venture between credit rating agency Moody’s Corporation and company-building venture group Team8. This article is republished here with permission as part of our licensing program. Over the past decade, business leaders have…
Ensuring the protection of data about European citizens transferred to the United States just became mildly to a whole lot more complicated. The Court of Justice of the European Union last week invalidated the Privacy Shield framework in use by more than 5,000 companies, including approximately 16 U.S.-based travel management companies. It found that the…
New York — Amadeus IT Group is working with other industry players on some sort of standards initiative related to privacy and, specifically, the General Data Protection Regulation. Earlier industry efforts on a code of conduct never got off the ground. “We have taken a collaborative approach to GDPR,” Amadeus North America general counsel Jorge Reynardus told attendees to…
Data protection and privacy have been a big deal for a long time in the data-intensive travel industry. With new regulations set to take effect — covering all European citizens and companies doing business in Europe — there are many new questions about who is impacted and how to comply. Tom Tulloch, executive vice president…
Wouldn’t it be nice if there were a seal of approval for the protection of business travelers’ data and privacy? There are certifications for data security, but none really for privacy. There has been talk about a travel code of conduct, but no movement. Some fear the travel industry won’t get its act together before…
Businesses in travel and beyond face a deadline of May 25, 2018, for compliance with the European Union’s General Data Protection Regulation. GDPR changes several key areas of data privacy law applying to European citizens. Among the major changes that the regulation makes relative to the current data protection regime, GDPR “applies to all companies…
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