All GRC World Forums articles in June 2021 – Page 8
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NewsWorld Economic Forum issues guide to combat financial crime
The World Economic Forum (WEF) has published the Unifying Framework, self-regulatory guidelines for private-sector intermediaries known as gatekeepers who are able to prevent or interrupt illicit financial flows.
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NewsNCSC chief warns of ransomware risk
Ransomware is the key threat facing organisations in Britain and they should take it seriously, according to Lindy Cameron, CEO of the country’s National Cyber Security Centre (NCSC).
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NewsNZ$70m-plus seized after pyramid scheme probe
The high court in New Zealand has approved a settlement between the country’s police force and Xiaohua ‘Edward’ Gong which enables forfeiture of more than NZ$70m (US$50m, €41m), mainly cash.
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NewsNorwegian DPA issues notification of infringement fee to Ferde AS
The Datatilsynet has announced a NOK 5 million fine to the Norwegian toll company Ferde for illegally transferring personal data about Norwegian motorists to China.
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NewsLinkedIn gets second chance ‘to protect users’ data’
The United States’ Supreme Court has given LinkedIn another opportunity to try and stop hiQ Labs harvesting personal information from the professional networking platform’s public profiles.
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NewsHackers breach EA, stealing game source code
Gaming giant Electronic Arts (EA) has confirmed that hackers have stolen a treasure trove of data including game source code and tools for multiple popular games.
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NewsGuernsey launches agency to fight financial crime
The Economic and Financial Crime Bureau (EFCB) has been set up by Guernsey’s government to investigate money laundering and economic crime, take enforcement action and recover proceeds from unlawful conduct.
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NewsFCA goes real-time to warn about online fraud
Britain’s Financial Conduct Authority (FCA) sweeps the internet several times a day to check for online scams and then issue warnings within 24 hours, an official of the financial regulator told a Parliamentary committee.
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NewsICO fines Papa Johns £10K
The Information Commissioner’s Office (ICO) has fined Papa John’s (GB) Limited £10,000 for sending 168,022 nuisance marketing messages to its customers without the valid consent required by law.
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NewsBrazil DPA drafts data protection rules for SMEs
The Autoridade Nacional de Proteção de Dados (ANPD) is proposing an adaption to the current data protection rules for small and medium-sized enterprises.
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NewsVolkswagen, Audi discloses data breach
Audi and Volkswagen have suffered a data breach impacting 3.3 million customers after an unsecured treasure trove of data was exposed online by a vendor.
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NewsPrivacy law to be updated in Peru
The Peruvian government’s cabinet has approved a bill to create the National Authority for Transparency, Access to Public Information and Protection of Personal Data.
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Q&A
Interview with BitSight: Managing ransomware with Financial Quantification
BitSight talks with GRC World Forums on how companies can reduce their risk of experiencing a ransomware attack, manage the risk to supply chains, and utilise Financial Quantification to get the message across to executives and boards.
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NewsThousands of fake online pharmacies shut down
A record number of fake online pharmacies worldwide have been shut down in an operation targeting the sale of counterfeit and illicit medicines and medical products.
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NewsUK government want start ups to secure networks
Tech startups will have the chance to join the UK’s cyber security experts in the mission to keep the country safe online due to a new initiative.
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NewsMcDonald’s suffers data breach
A data breach at fast food restaurant McDonald’s has impacted company operations in the United States and customers and employees in South America and Taiwan.
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NewsSouth Africa to revise its stance on cryptocurrency
South African regulators are now rethinking how they classify cryptocurrencies following the high levels of retail interest in crypto in the country.
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NewsBiden administration launches AI task force
Task Force members will help develop a roadmap to democratize access to research tools that will promote AI innovation and fuel economic prosperity.
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NewsEC takes action against Belgium on DPA independence
The European Commission has started infringement proceedings against Belgium for allegedly violating the General Data Protection Regulation (GDPR) through its data protection authority’s lack of independence.
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AnalysisKey Theme: Trust
When it comes to data privacy and cybersecurity, trust needs to go hand in hand. It is an important aspect of running an enterprise sucessfully, as without trust businesses and organisations cannot grow. With this being a major topic at PrivSec Global next week, here we take a brief look into Trust.