All News articles – Page 64
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News‘Stretched’ Irish DPC pleaded for more resources, document reveals
The Data Protection Commission (DPC) in Ireland reportedly asked the government for more staff, financing and a reorganised structure ahead of October’s Budget
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NewsUS real estate companies hand over £50m to resolve ‘Black Market Peso Exchange’ laundering charges
Three US real estate companies have agreed to forfeit $50m to settle claims they accepted proceeds from drug trafficking laundered through a notorious underground currency exchange.
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NewsHuman error remains the main cause of data breaches
The Shred-it’s Ninth Annual Data Protection Report identifies the insights, opinions and practices of data protection among Small Business Owners (SBOs), C-Suite Executives and the public.
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NewsApp developer settles facial recognition deception case with FTC
Everalbum has reached an agreement with the US Federal Trade Commission (FTC) following allegations it deceived consumers about the use of facial recognition technology by its Ever cloud photo storage app and retention of photos and videos of users who had deactivated their accounts.
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NewsGoogle seeks to dampen Fitbit privacy concerns
Tech giant Google has sought to allay privacy fears now it has completed the acquisition of health and fitness smartwatch maker Fitbit.
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NewsTotal AML fines triple as China clamps down on payment providers
The People’s Bank of China (PBOC) levied three times as much money in fines for anti-money laundering (AML) breaches in 2020 as it did in the previous 12 months, according to a new report.
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NewsWhatsApp delays privacy policy changes following Facebook data-sharing concern
WhatsApp has announced a three-month delay to changes to its privacy policy following concerns over mandatory data-sharing with parent company Facebook.
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News€4.5m seized in Latvia following probe into flower-selling business ‘used to disguise money laundering’
Authorities in Latvia have seized assets worth €4.5m following an investigation into an organised group’s alleged use of a flower-selling business to disguise large-scale money laundering
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News4,000 files feared stolen in cyber attack on Scottish regulator
An environmental regulator in Scotland has confirmed that at least 4,000 files have been accessed and likely stolen by criminals in an ongoing cyberattack on its systems.
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NewsEBF sets out Digital Euro wish list, urging attention paid to AML
Plans for a Digital Euro must pay particular attention to anti-money laundering and counter terrorism regulatory requirements, the European Banking Federation (EBF) has said.
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NewsTik Tok changes privacy settings for teenage users
Video-sharing platform Tik Tok has announced changes aimed at improving privacy and safety for teens.
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NewsGerman retailer vows to fight €10.4million GDPR fine for video-monitoring employees
An online electronics retailer fined for GDPR breaches over its use of video cameras in the workplace has branded its $10.4m fine “unlawful” and vowed to fight it
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NewsMore than half of VASPs ‘have weak KYC processes’, report shows
More than half of virtual asset service providers globally have “weak or porous” Know Your Customer processes, according to new research.
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NewsBA facing potential ‘£800m’ lawsuit over data breach
British Airways (BA) is potentially facing the largest privacy class-action lawsuit in UK history over its mass customer data breach that affected 400,000 people, according to a law firm involved.
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NewsSARs filing rises for three quarters of senior AML compliance decision-makers, survey finds
Nearly three-quarters of senior AML decision-makers reported an increase in Suspicious Activity Reporting last year as criminals sought to exploit Covid-19 disruption, research out today has revealed.
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NewsFive Eyes network warns ePrivacy directive change will make online child abuse easier
The intelligence-sharing network Five Eyes has reportedly warned that changes to the European Union’s ePrivacy directive will hamper efforts to combat online child abuse.
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NewsDeutsche Bank agrees to pay $130m to resolve fraud and corruption case
Deutsche Bank has agreed to pay fines and penalties totalling more than $130m to avoid criminal prosecution in the United States on charges it took part in a bribery scheme to win business in Saudi Arabia.
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NewsNew Zealand reserve bank hit by cyberattack
The Reserve Bank of New Zealand has been hit by a cyberattack which may have compromised commercially and personally sensitive information.
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NewsUK competition watchdog opens probe into Google privacy changes
Google’s ‘Privacy Sandbox’ plan to remove third party cookies from its Chrome browser is being probed by a regulator in the United Kingdom over concerns it would be anti-competitive.
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NewsHMRC issues record £23.8m fine to money services business for AML breaches
HM Revenue & Customs has issued a record £23.8m fine to a money services business for “significant” anti-money laundering regulation breaches
