15th November 2018
A leading British trade union is calling for the government to change laws in order to protect employees from ‘excessive surveillance’ following revelations that financial and other firms in the United Kingdom have started fitting their employees with microchips. The development comes amid concerns that bosses could use the technology… Read More
9th November 2018
Anti-fraud campaigners are warning the public against publishing too much personal details about their lives on social media groups as fraudsters are garnering such data and using it to commit fraud. According to a Get Safe Online survey, 21 people are targeted every minute as a result of unwittingly ‘oversharing’… Read More
7th November 2018
AP — Chinese authorities have begun deploying a new surveillance tool: “gait recognition” software that uses people’s body shapes and how they walk to identify them, even when their faces are hidden from cameras. Already used by police on the streets of Beijing and Shanghai, “gait… Read More
7th November 2018
Hackers breached some HSBC (HSBA.L) customers’ accounts in the United States in October and accessed their information, the bank said in a regulatory filing on Tuesday. It was not immediately clear how many accounts were breached or whether any money was stolen. – By Lawrence White, Reuters, 7 November 2018. Read More
5th November 2018
Thousands of wealthy Moscow residents who subscribed to a regional internet provider have had personal data including names, home addresses and mobile numbers posted online. People affected by the high-profile data leak are all clients of Moscow-based internet provider Akado Telecom, a large telecommunications network owned by billionaire businessman Viktor… Read More
2nd November 2018
John McFarlane is to retire from Barclays, where he served as Chairman for the past three years. He will be succeeded by Nigel Higgins, who is currently Deputy Chairman of Rothschild & Co, a firm he joined in 1982 as a graduate. Before taking up the position at Barclays,… Read More
2nd November 2018
A senior Democratic U.S. senator on Thursday unveiled draft legislation that would allow hefty fines and as much as 20-year prison terms for executives who violate privacy and cybersecurity standards. Senator Ron Wyden released a draft of legislation that would grant the Federal Trade Commission authority to write privacy regulations. Read More
31st October 2018
Switzerland’s Federal Tax Administration (FTA) exchanged the details of 2 million financial accounts in its first year of participating in the global standard on the automatic exchange of information (AEOI). The FTA said it sent information on around 2 million financial accounts to the partner states and received information in… Read More
29th October 2018
Britain’s Information Commissioner’s Office has increased the total value of fines in the past year, which was marked by a number of penalties being issued to high profile firms. The average value of its fines doubled to reach £146,000 and the total value of the fines rose to just below… Read More
26th October 2018
International Airlines Group (ICAG.L) said an investigation into the theft of customers’ data at its British Airways unit showed hackers may have stolen the personal information of a further 185,000 customers. British Airways apologised in September after the credit card details of hundreds of thousands of its customers were stolen… Read More