26th October 2018
AP — British regulators slapped Facebook on Thursday with a fine of 500,000 pounds ($644,000) — the maximum possible — for failing to protect the privacy of its users in the Cambridge Analytica scandal. At the same time, European Union lawmakers demanded an audit of Facebook… Read More
18th October 2018
AP — It’s now possible to check in automatically at Shanghai’s Hongqiao airport using facial recognition technology, part of an ambitious rollout of facial recognition systems in China that has raised privacy concerns as Beijing pushes to become a global leader in the field. Shanghai Hongqiao… Read More
17th October 2018
AP — Global credit card and payments companies like American Express, Visa and MasterCard are facing a challenge in meeting a requirement to store transaction data for all Indian customers within the country. A new rule took effect Tuesday that directs payment companies to store all… Read More
16th October 2018
AP — The nation’s second-largest health insurer has agreed to pay the government a record $16 million to settle potential privacy violations in the biggest known health care hack in U.S. history, officials said Monday. The personal information of nearly 79 million people — including names, birthdates, Social Security… Read More
15th October 2018
Estonia plans an independent inquiry into alleged money laundering in the country from 2007 to 2015, a finance ministry spokeswoman said on Friday. – Reporting by Tarmo Virki, Reuters, 12 September 2018. Link to Reuters. Read More
11th October 2018
AP — Switzerland’s high court has upheld the acquittal of a former bank accountant who handed over confidential client information to WikiLeaks, ruling Wednesday he wasn’t bound by the country’s strict banking secrecy laws at the time. The Federal Tribunal validated a ruling by Zurich’s regional supreme court in… Read More
10th October 2018
U.S. authorities are investigating whether Standard Chartered (STAN.L) breached Iran-related compliance rules as recently as 2013, a year after it settled with them over earlier allegations of breaches and pledged to improve internal controls. Standard Chartered’s chief executive Bill Winters said in a memo to senior staff addressing recent media… Read More
10th October 2018
Regulators are set to exercise their new powers by handing out fines and even temporary bans on companies that breach a new EU privacy law, with the first round of sanctions expected by the end of the year, the bloc’s privacy chief said. The European Union General Data Protection Regulation… Read More
10th October 2018
AP — Google is shutting down its long-shunned Plus social network for consumers, following its disclosure of a flaw discovered in March that could have exposed some personal information of up to 500,000 people. The announcement came in a Monday blog post , which marked Google’s… Read More
5th October 2018
AP — North Korea’s nuclear and missile tests have stopped, but its hacking operations to gather intelligence and raise funds for the sanction-strapped government in Pyongyang may be gathering steam. U.S. security firm FireEye raised the alarm Wednesday over a North Korean group that it says… Read More