Data watchdog targets social media with new Children’s Code August 25, 2021 The UK data watchdog is setting its sights on social media and gaming companies with new regulations to protect children that come into force next week. The Children’s Code brings in new rules around protecting data for online services such as apps, online games and web and social media sites likely to be accessed by [...]
Pegasus spyware data leaks spark political rows from Delhi to Mexico July 20, 2021 Politicians, journalists and human rights activists are believed to be targeted by Israeli spyware company NSO Group in the interest of its government clients, media reports on Monday. A list of more than 50,000 phone numbers was allegedly selected for potential surveillance as those of people of interest by government clients of NSO Group since [...]
Hong Kong’s parliament expected to pass controversial ‘anti-doxxing’ law July 19, 2021 A new law proposed by Hong Kong’s government would give the city’s privacy watchdog the power to request malicious sharing of individuals’ information be removed from websites, even if the content is hosted outside Hong Kong. Hong Kong authorities revealed details of the bill on Friday, effectively criminalising doxxing activities – disclosing personal information without [...]
T-Shaped Teams and the Three Stages of AI Adoption June 22, 2021 | City Talk AI and data science will probably bring about the most significant changes to the financial services industry that the industry has witnessed in its short history. Yet, today, many financial institutions are still struggling to find their way to start the AI journey1. We propose a concept called T-shaped teams (See Exhibit 1) as the [...]
New Standard Contractual Clauses approved by EU – and what they mean for UK businesses June 15, 2021 | City Talk The EU’s General Data Protection Regulation (GDPR) made headlines when introduced in 2018, and led to significant changes to how UK businesses handle data. This year – and even though the UK has left the EU – there are new EU data rules coming in, to which UK businesses may need to respond. The latest [...]
US Supreme Court gives LinkedIn fresh chance to stop data harvesters June 14, 2021 The US Supreme Court today granted LinkedIn another chance to prevent a rival recruitment data company from scraping personal data from its platform. LinkedIn previously tried to use the the Computer Fraud and Abuse Act to prevent rival hiQ from harvesting customer data from their public-facing user profiles. The Act prohibits accessing a computer without [...]
3 in 4 Londoners happy to share personal data to speed up post-Covid freedom June 8, 2021 Three-quarters of Londoners would be comfortable sharing their personal healthcare, location and contact data to regain post-pandemic freedom, according to a new survey. It comes after the NHS app gained over 1.3m new registrations after its vaccine-status capability was announced. Londoners are more willing than the rest of the UK, whose eagerness came in slightly [...]
Boris Johnson’s Spamalot: Conservative Party fined £10,000 over nuisance emails June 3, 2021 The Conservative Party has been fined £10,000 for sending dozens of marketing emails to people who did not want to receive them. Data watchdog the Information Commissioner’s Office (ICO) opened a probe into the party over 51 emails sent in Boris Johnson’s name over the eight days after he was elected prime minister in July [...]
Investment professionals must beware of the cyber risks in portfolios May 25, 2021 | City Talk Internet security blog posts are usually more at home on the inside pages of IT trade publications than on the front pages of international newspapers. The one published by Microsoft Corporate Vice President Tom Burt on 2 March, about the emergence of “state-sponsored threat actor” Hafnium, was a notable exception. A new threat had emerged, [...]
Weekend Read: Foreign investors flee Myanmar as regime strengthens grip May 16, 2021 Businesses have continued to bow out of Myanmar after the bloody coup has killed more than 750 people and seen over 5,000 arrested for protesting the military’s forced reign. Companies began to flee Myanmar in March, like Japanese beverage group Kirin which had a $1.7bn stake in Myanmar Economic Holdings Public Company Limited, a company [...]