Commenting on reports that the European Commission is planning to impose fines of up to five per cent of global turnover on errant companies losing private data, Varonis Systems is advising major corporates to invest in the necessary data defences before it is too late.

 David Gibson, director of technical services with the unstructured data security specialist, says that the changes to EU data protection legislation – which will reportedly be announced tomorrow - are long overdue.

 “We’re already seeing the UK regulator, the ICO, imposing its first major fines on public sector bodies, so it’s clear there is a wind of change in the air. And with penalties of five per cent of global turnover – rather like serious motoring offences, the advice has to be to shape up, or face the consequences,” he said.

Read more: Varonis says corporates must invest in data protection or face huge EU fines

As December rolls in and 2012 looms on the IT security horizon, Tufin Technologies – the security lifecycle management specialist – has come up with its top five security predictions for the year ahead.

 According to Michael Hamelin, chief security architect with Tufin, the predictions – and recommendations - represent the considered thoughts of his research team, who develop leading edge solutions covering a variety of areas, including PCI DSS compliance and automatic security policy generation strategies.

 “After six years of hard work in the security space, we now partner with a number of leading vendors - including Check Point, Cisco, Juniper Networks, Palo Alto Networks, Fortinet, F5, Blue Coat, McAfee and BMC Software – and are well known our technological innovation plus dedicated customer service,” he said.

Read more: Tufin unveils its top security predictions for 2012

 Rise in Big Data and Application DDoS Attacks Among Key Concerns

Imperva (NYSE: IMPV), a pioneer and leader of a new category of data security solutions for high-value business data in the data center, today announced its predictions for the top cyber security trends for 2012.  The analysis, compiled by Imperva’s Application Defense Center (ADC), is designed to help companies shield themselves from the threat of hackers and insiders. “Hacking, by nature, is a discipline that relies on innovation,” explained Imperva CTO Amichai Shulman.  “Knowing future, potential threats helps security teams fight against the bad guys.”  

Read more: Imperva Predicts Top Nine Cyber Security Trends for 2012

The organisers of the Infosecurity Europe show have welcomed the publication of the government's cyber security strategy, but warn that there is still a long way to go before anyone can say that the UK PLC is more secure than other countries in terms of cybersecurity.

 Claire Sellick, event director for the show, said that the aims of the strategy are laudable, but added that it is still too early to say whether the strategy will succeed or fail. She also called for the private sector to rally in its support for the government on the strategy plan.

Read more: Infosecurity Europe Welcomes Publication of the Government's Cyber Security Strategy

 Infosecurity Europe says Cisco report confirms need for better IT security education

 Commenting on research from Cisco – claiming to show a “startling” lack of concern about security amongst students and young professionals – Infosecurity Europe says this highlights the need for better and more pervasive education on the subject of IT security.

 According to Claire Sellick, event organiser for the Infosecurity Europe show, the survey found that 61% of young employees felt that corporate IT security is not their responsibility and should be handled by their employer or the device manufacturer.

Read more: Cisco report confirms need for better IT security education