Could your insecurity cost your boss half a million quid?

The answer is, as from the start of this week, a bloody big YES. Although according to a survey by Cyber-Ark some 65 percent of people are ignorant to the fact, the Information Commissioner’s Office has been granted new powers which came into effect on April 6th and these allow for fines of up to £500,000 if a business has insufficient security in place and this leads to a ‘deliberate or negligent’ breach of personal data.