The money spent wiped out the £4.3m profit made by other parts of the Chrysalis empire. Chrysalis CEO Richard Huntingford said, however, that the new media division will hit profitability within three years.
And part of this is to do with the culture of disclosure. Even those companies not required to disclose by law are starting to do so, because disclosure has unsurprisingly raised the awareness of how common a problem data breaches are.
The UK is in desperate need of revisions to laws that govern the disclosure of information relating to data loss or theft, according to security experts. Now, in the wake of recent data losses, security experts have called on UK legislators to...
It said the situation in the US - many parts of which do have a disclosure law - stands in marked contrast to that in the UK: "Both the prospect of tough penalties, and, more importantly, the prospects of public embarrassment and loss of share...
Full Disclosure campaign
silicon.com is aiming to make businesses and government take data security more seriously. Nicholas Evans, European IT director for Key Equipment Finance, backed silicon.com's Full Disclosure campaign, which calls for a...
Full Disclosure campaign
silicon.com is aiming to make businesses and government take data security more seriously. The House of Lords recently backed a motion to make the reckless loss or distribution of data a criminal offence.