GDPR: A Compliance Quagmire, for Now

Experts say the devil is in the details when it comes to complying with the swath of new privacy and cybersecurity laws enforced by the European Union’s General Data Protection Regulation.

Two financial industry groups: The American Bankers Association (ABA) and the Financial Services Roundtable announced on Thursday that they have applied to the Internet Corporation for Assigned Names and Numbers (ICANN) to operate to top level Internet domains, .bank and .insurance, on behalf of the financial services industry.

The DNS Security Extensions (DNSSEC) will be equipped for the “.com” entity by March 31, according to a PCMag.com report.While DNSSEC enhances DNS security as it is, the newly added .com security will act as an extra layer of protection, according to according to Matt Larson, the Vice President of DNS Research at Verisign.

By Tom Kellerman (Core Security)
This week’s news that former National Cyber Security Center Director Rod Beckstrom was named as the newest president of ICANN – the Internet Corporation for Assigned Names and Numbers, the Net’s most influential governing body – is a very encouraging sign that we’re living in an era when issues of cyber-security are being given greater consideration than ever before, and with good reason, of course.

Subscribe to our newsletter, Threatpost Today!

Get the latest breaking news delivered daily to your inbox.