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
4th June 2018
AP — Google won’t renew a contract with the Pentagon that provides the company’s artificially intelligent algorithms to interpret video images and improve the targeting of drone strikes. That’s according to reports in Gizmodo, Buzzfeed, and The New York Times Friday. The reports said Google Cloud business head Diane… Read More
30th May 2018
Officials from the European Union’s main bodies have agreed on draft new rules for data protection designed for EU institutions, which are separate to the recently enforced general data protection regulation ( GDPR). GDPR is aimed at giving citizens more control of their personal information and also at helping firms… Read More
25th May 2018
The European Union’s General Data Protection Regulation (GDPR) came into effect on Friday, introducing measures designed to give citizens more control of their personal information and also help small businesses reduce costs and red tape. The Regulation updates the principles of the 1995 Data Protection Directive to guarantee privacy rights,… Read More
25th May 2018
The United States and European Union will continue to work closely together to combat terror funding and money laundering, including through swift data sharing, following a meeting of top officials on justice and home affairs. Representatives at the meeting in Sofia, Bulgaria, which currently holds the EU Presidency, discussed their… Read More
21st May 2018
AP — Wells Fargo employees in its wholesale banking business allegedly improperly altered information on documents related to corporate customers, The Wall Street Journal reports. The bank is under multiple investigations, and recently was fined $1 billion by federal authorities for improper behavior in its home and auto… Read More
3rd May 2018
AP — Cambridge Analytica, the Trump-affiliated data firm at the center of Facebook’s worst privacy scandal in history, is declaring bankruptcy and shutting down. The London firm blamed “unfairly negative media coverage” and said it has been “vilified” for actions it says are both legal and widely accepted as… Read More
27th April 2018
TSB has come under criticism for struggling to resolve its mobile and online banking problems, which have prevented customers from accessing their accounts, and has raised issues about data breaches. Customers have been complaining about being unable to pay bills, and issues around bank account security have also emerged. Read More