About: Daniel V. Dimov

Recent Posts by Daniel V. Dimov

FinCEN BEC attacks report: Analysis

The Financial Crimes Enforcement Network (FinCEN) is a U.S. government institution responsible for collecting and analyzing financial information with the aim of combating financial crimes. In 2016, FinCEN issued an advisory to financial institutions on business email compromise (BEC) fraud. On the 16th of July 2019, FinCEN updated the 2016 advisory. In this article, we’ll examine the five main points of the updated advisory, namely, (i) the changes in the operational definitions of email compromise fraud, (ii) the inclusion of references to other victims of BEC,...
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Can We Expect a U.S. Federal Consumer Privacy Law?

The EU General Data Protection Regulation (GDPR) came into effect on the 25th of May 2018. Shortly afterwards, the EU data protection authorities received more than 95,000 complaints from citizens. EU consumers became more willing to transact with EU businesses because they have the legal means to enforce their privacy rights. Thus, the enhanced privacy protection provided by the GDPR benefits both consumers and businesses in the EU. If you would like to read the entire article, please click here....
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How to ensure Windows Server is GDPR-compliant

The General Data Protection Regulation (GDPR), an EU law regulating the processing of personal data, came into force on May 25th, 2018. Organizations who breach the GDPR may be subject to fines of up to 20 million euros or 4% of their annual global revenue turnover. Taking into account the importance of the GDPR and the severe sanctions, Microsoft has put forth new efforts to ensure compliance with the new law. According to Brad Smith, Microsoft’s president, Microsoft used the services of more than 1,600 of...
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5 Common Myths About the GDPR

The EU General Data Protection Regulation (GDPR) entered into force on the 25th of May 2018. Since that time, companies have spent billions of dollars to ensure compliance with the new law. Just the top 500 U.S. companies spent about $7.8 billion to comply with the strict requirements of the GDPR. Despite the extensive media coverage of the GDPR, many myths still surround this rather new EU law. In this article, we discuss five of them. Myth 1: GDPR is an EU law that does not...
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What do Linux system administrators need to know about the GDPR?

The General Data Protection Regulation (GDPR) is a European Union law that applies not only to EU companies, but also to all companies collecting and processing the personal data of EU residents. The sanctions for breaching the GDPR are enormous (up to $24 million or 4% of the annual global turnover, whichever is greater). It is not a coincidence that the U.S. top 500 companies are expected to spend $7.8 billion to comply with the GDPR. In this article, we will provide a brief overview of...
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