Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
HMRC accused of breaching data protection laws for taking ‘voice IDs’ of 5m taxpayers June 25, 2018 HMRC has been accused of breaching data protection laws by taking the "voice IDs" of over 5m people without their consent. When users call HMRC, they are asked to repeat the phrase "my voice is my password" on an automated line as a security precaution before they can access services. But data watchdog Big Brother [...]
Dixons Carphone expects profit loss to deepen data breach woes June 17, 2018 Dixons Carphone is bracing itself for plummeting pre-tax profits this week, as it continues to investigate a devastating data breach that compromised customers' personal information. The retailer expects a 23 per cent drop in pre-tax profits to £382m when it announces its preliminary results for 2017-18 on Thursday, citing UK mobile market constraints and tight [...]
Intelligence agency National Cyber Security Centre is working with Dixons Carphone on huge data breach June 13, 2018 The National Cyber Security Centre (NCSC), part of GCHQ, said today it is working with Dixons Carphone on mitigation measures, after the retailer said it was investigating a data breach involving 5.9m payment cards and 1.2m personal data records. The company announced earlier on that there was an attempt to compromise 5.9m cards in one [...]
Dixons Carphone announces investigation into data breach with millions of records accessed June 13, 2018 Shares in Dixons Carphone fell more than three per cent this morning after it announced the launch of an investigation finding there had been "unauthorised access to certain data" held by the company. The company said the probe was continuing, but it had found that there was an attempt to compromise 5.9m cards in one [...]
Yahoo hit by £250,000 fine from UK watchdog over Russian data breach June 12, 2018 Yahoo has been served a fine by the Information Commissioner’s Office (ICO) for £250,000, after a Russian cyber attack in 2014 left the data of some 500m users at risk. The watchdog argued that the worldwide data breach left Yahoo in violation of the Data Protection Act 1998, with around 500,000 British account holders affected [...]
GDPR can rebuild public trust in businesses plagued by high-profile data breaches and privacy scandals May 25, 2018 I’ve been meaning to clean up my mailbox for a long time. Now, suddenly, it seems to be doing this itself. As a consumer, this feels like a welcome bit of help. But its more than that – these emails are a critical part of the UK’s future economic success. The great inbox purge marks [...]
Fines for data privacy breaches increase by £1m in one year May 23, 2018 Fines for data privacy breaches for UK organisations breached £4m last year, analysis out today has shown. Research from PwC studied fines that had been handed out by the Information Commissioners Office (ICO) for data protection mishaps, finding that fines rocketed up by more than £1m from 2016’s figures, as 54 organisations were found to [...]
Cambridge Analytica closure does not mean bosses can “run and hide” following Facebook data scandal May 3, 2018 Investigators have vowed to plough on with probes into Cambridge Analytica and its use of millions of pieces of personal data, despite the UK firm folding last late night. Cambridge Analytica ceased trading yesterday, claiming it had been “vilified” by the media in the wake of accusations it accessed 87m Facebook profiles and used them [...]
Prime Minister backs Nicky Morgan over TSB failings ahead of Treasury Select Committee grilling May 2, 2018 The Prime Minister has backed Nicky Morgan’s criticism of TSB after an IT meltdown left thousands of customers without access and in some cases gave individuals access to other people’s accounts and personal information. Ahead of this afternoon’s evidence session before the Treasury Select Committee, in which TSB will explain what happened and why it [...]
TSB boss Paul Pester promises compensation over online banking meltdown April 24, 2018 TSB has taken down its online banking systems with its boss today issuing a fresh apology to customers and a promise to compensate those affected. The Financial Conduct Authority (FCA) this evening pledged to investigate TSB’s problems while monitoring the situation to ensure members of the public “are not left out of pocket”. TSB’s mobile [...]