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NewsWashington Privacy Bill redrafted to add sweeping opt-out controls
Washington state’s new Privacy Bill has been amended and strengthened by state house lawmakers to include new opt-out controls and private right to action.
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Executives ‘underestimate cyber threat’ say security decision-makers
Executives’ assumption that cyber security is “easy” and threats and problems are overstated emerged as the greatest frustration of senior IT and security decision makers in a survey of 900 companies in the Asia-Pacific region.
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Business Update: Annual Cyber Protection Week survey reveals post-pandemic paradox
Despite 80% of organizations running up to 10 different protection and cybersecurity solutions simultaneously, more than 50% of them experienced downtime from data loss last year (Press Release)
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French government updates AML action plan
The French government has outlined measures to increase anti money laundering (AML) supervision and boost corporate transparency in an updated action plan.
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UK solicitors watchdog warns of real estate vendor fraud trend
A solicitors’ watchdog in the United Kingdom has alerted law enforcement bodies to a trend in real estate vendor fraud, in which homes are sold without the knowledge of the owners.
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Cyber attacks hit Australian government and broadcaster
Some Australian government systems were shut down and the country’s Channel Nine TV station went off the air temporarily after cyber-attacks over the past three days. It is unclear if the incidents are connected.
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Biden reportedly planning to oblige software companies to disclose cyber breaches
Many software vendors would have to notify their US government customers when the companies suffer a cyber security breach, according to an executive order reportedly being considered by President Joe Biden.
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US court orders man to pay $571m for fraudulent Bitcoin scheme
A British man has been ordered to pay $571 million after a United States court found he had operated a scheme to defraud investors out of Bitcoin
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UK businesses are not taking cyber security seriously enough, warns new NCSC chief
Businesses in the United Kingdom need to take cyber security more seriously, the new National Cyber Security Council (NCSC) Chief Executive has said
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Chinese bank fined for major data protection failings
The China Banking and Insurance Regulatory Commission has ordered China Citic Bank to pay RMB4.5m ($690,000, €581,000) in penalties for what the regulator termed major violations of banking laws and regulations.
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First ever North Korean extradited to US to face money laundering charges
A North Korean national will be tried in the United States over allegations he laundered $1.5 million through American banks as part of a scheme to provide luxury goods to the Asian country in breach of sanctions.
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Regulators urged to ‘stop squabbling’ over GDPR enforcement
The European Commission Vice President has called on regulators to stop squabbling over the enforcement of data protection rules or face the possibility of a centralised model.
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Californian government agency breached in phishing attack
The California State Controller’s Office (SCO) has fallen victim to a data breach, with the records of more than 9,000 people reportedly stolen.
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EU Council adopts cyber security strategy
The Council of the European Union has agreed to the European Commission’s proposed cyber security policy for the digital decade ahead.
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Swiss DPA probes vaccine website for possible data security breach
The Federal Data Protection and Information Commissioner (DPIC) in Switzerland is probing a possible data security breach by a website that allows people to voluntarily upload an electronic version of their vaccination record.
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NCSC alerts UK education sector to rise in ransomware attacks
The United Kingdom’s National Cyber Security Centre (NCSC) has issued a fresh alert to schools, colleges and universities after an increase in ransomware attacks on such establishments.
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EBA acts to reduce downside of AML de-risking
The European Banking Authority (EBA) has published three regulatory instruments to tackle problems with financial institutions’ de-risking practices including customers being left without access to the financial system.
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Business Update: Rita: The first mobile app that gives you ownership of your data
Rita launches an app giving users the ability to collect, view and control their own personal information. (press release)
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Business Update: OneTrust to acquire ethics and compliance leader Convercent
OneTrust announce acquisition of Convercent so customers won’t have to compromise when it comes to centralizing on a platform of trust. (press release)
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Business Update: Dutch Tech scale ups introduce technology breakthrough in world of privacy and data retention
Dutch tech scale ups INDICA and filerskeepers announce a new partnership and introduce a technology breakthrough in the world of privacy: Global Automated Legal Data Retention. This enables organisations to automatically find documents and data that need to be deleted according to any type of regulation. (press release)
