CYBER Insights » THREAT INTEL: BIGGEST GDPR FINES – The Toxic Trio of Ego, Arrogance and Ignorance

THREAT INTEL: BIGGEST GDPR FINES – The Toxic Trio of Ego, Arrogance and Ignorance

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Gibraltar: Wednesday 03 July  2024 at 11:00 CET

THREAT INTEL: THREAT INTEL: BIGGEST GDPR FINES – The Toxic Trio of Ego, Arrogance and Ignorance

By Andy Jenkinson – Guest Contributor |  Group CEO Cybersec Innovation Partners
via CYBERInsights
First for SME Cybersecurity News
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In a week where the fragility of democracy was starkly illuminated, the toxic trio of ego, arrogance, and ignorance is driving cybercrime, enabling, and facilitating it to reach alarming heights.

Ironically, many of the world’s largest and most influential organizations, along with their exorbitantly priced legal advisors are complicit. By default they are enabling digital intrusion and Cybercrime.

Rather than address fundamental security flaws, many organizations employ bully tactics to silence well-intentioned white hackers and dismiss vital Threat Intelligence. This approach mirrors the infamous Paula Vennells and Post Office scandal and strategy: Deflect, Deny, and Deploy legal threats.

This systemic negligence isn’t just a failure to secure sensitive data; it’s a blatant disregard for collective Cybersecurity.

These organizations prefer to pay fines for non-compliance—fines that ultimately trickle down to consumers—rather than rectify their glaring vulnerabilities. Meanwhile, they hide behind a veneer of magical immunity, deluding themselves and the public about their invincibility.

Such corporate arrogance undermines efforts to bolster Cybersecurity, fostering an environment where Cybercriminals thrive.

As these giants continue to prioritize ego over ethics and ignorance over intelligence, they endanger not just their own data, but the very fabric of digital security worldwide.

It’s time to hold these entities accountable and demand a shift from complacency to vigilance, from threats to transparency.

NYSE
ICE
DLA Piper

Cybersec Innovation Partners
U.S. Securities and Exchange Commission
Information Commissioner’s Office
Data Protection Commission Ireland
GCHQ
FBI Cyber Division
BBC News
ITV News
ABC News
Sky News
CNBC
The Wall Street Journal
The New York Times
InternetSecurity
DNS PKI

 

About Andy Jenkinson

Group CEO CIP. Fellow Cyber Theory Institute. Director Fintech & Cyber Security Alliance (FITCA) working with Governments. Recognised Expert in Internet Asset & DNS Vulnerabilities.

Andy Jenkinson is a senior and seasoned innovative Executive with over 30 years’ experience as a hands-on lateral thinking CEO, coach, and leader. A ‘big deal’ business accelerator, and inspirational, lateral thinker, Andy has crafted, created, and been responsible for delivering 100’s £ millions of projects within the Cyber, Technical, Risk and Compliance markets for some of the world’s largest, leading organisations. Andy has a demonstrable track record of largescale technical delivery and management within many sectors including the Professional, Managed, and Financial Services.