CYBER INSIGHTS: Tuesday 20 August 2024 – Today’s SME Cybersecurity News & Intelligence

1). GDPR HAS REDUCED CYBER ATTACKS – but significantly eroded business value. The implementation of the European Union´s GDPR substantially decreased Data Breaches against European firms but had a negative impact on their overall market value. GDPR requires any enterprise that controls or processes EU residents’ data to abide by the rules, regardless of its location. Therefore, firms across the world, including those in the US, might be subject to the GDPR if they process EU residents’ personal data…