26th June 2018
Financial watchdogs from North America, Britain and Asia are urgently seeking a formal exemption from the European Union’s tough new data privacy law to avoid hampering cross-border investigations, regulatory officials told Reuters. Failure by the EU to explicitly exempt markets regulators from the bloc’s General Data Protection Regulation (GDPR) could… Read More
25th June 2018
AP — Hey Alexa, what’s my bank account balance? Big banks and financial companies have started to offer banking through virtual assistants — Amazon’s Alexa, Apple’s Siri, and Google’s Assistant — in a way that will allow customers to check their balances, pay bills and, in the… Read More
20th June 2018
AP – Verizon, AT&T, Sprint and T-Mobile have pledged to stop providing information on U.S. phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. The data has apparently allowed outside companies to pinpoint the location of wireless… Read More
14th June 2018
British mobile phone and electricals retailer Dixons Carphone (DC.L) has become the victim of a major cyber attack for the second time in three years after discovering unauthorised access to its payment card data. Shares in Dixons Carphone, which issued a profit warning last month, fell as much as 6.4… Read More
12th June 2018
AP — Vietnamese legislators on Tuesday passed a contentious cybersecurity law, which critics say will hurt the economy and further restrict freedom of expression. The law requires service providers such as Google and Facebook to store user data in Vietnam, open offices in the country and remove… Read More
12th June 2018
AP — Lisa Meyer’s hair salon is a cozy place where her mother serves homemade macaroons, children climb on chairs and customers chat above the whirr of hairdryers. Most of the time Meyer is focused on hairstyles, color trends and keeping up with appointments. But now she’s… Read More
7th June 2018
AP — Chinese phone maker Huawei said Wednesday it has never collected or stored Facebook user data, after the social media giant acknowledged it shared such data with Huawei and other manufacturers. Huawei, a company flagged by U.S. intelligence officials as a national security threat, was the latest device… Read More
7th June 2018
Politicians criticised TSB boss Paul Pester’s handling of the British bank’s ongoing IT problems on Wednesday and the Financial Conduct Authority (FCA) said it was investigating the bank’s response. TSB, owned since 2015 by Spanish bank Sabadell (SABE.MC), saw thousands of users locked out of their accounts last month and… Read More
5th June 2018
AP — Facebook is at the center of another privacy furor, this one over its sharing of user data with device makers such as Apple, Amazon, Samsung and others over the past decade. The social network acknowledges the data sharing deals, which it says it’s — according to a New… Read More
4th June 2018
AP — Whistleblower or traitor, leaker or public hero? National Security Agency contractor Edward Snowden blew the lid off U.S. government surveillance methods five years ago, but intelligence chiefs complain that revelations from the trove of classified documents he disclosed are still trickling out. That includes recent reporting on… Read More