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EU General Data Protection Regulation tagged posts

Banks face allegation of under reporting cyber-crime

November 8, 2014, Categories  Legal update Comments No comments

Andrew_Tyrie_Treasury Committee chairman Andrew Tyrie MP is to question banks over allegations that they may be under-reporting instances of bank fraud because they don’t want to frighten people.

Tyrie made his comments following a Treasury Select Committee hearing into cybercrime and fraud held as part of its inquiry into the ‘Treatment of Financial Services Consumers’.The Committee heard evidence from Dr Richard Clayton, a senior researcher in security economics at the University of Cambridge, who said that banks are reluctant to report the true extent of cybercrime for fear of spooking customers.

He told the Committee that “insider” accounts of fraud losses are double the numbers gener...

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The future internet of things

October 13, 2014, Categories  Guru in a Bottle, News Comments No comments

Tim Berners-LeeThis month marks 25 years since Sir Tim Berners-Lee developed the draft of a proposal for we now know as the World Wide Web.

In fact, it’s hard for many of us to imagine how we ever did our school homework – or anything for that matter – without it! Of course the world is a very different place to the one Tim Berners-Lee lived in 1989, the year I joined the BBC in news and current affairs.

Today, Tim Berners-Lee has called for greater for privacy on the web and for people to become the legal owners of their data in order to control when and how it’s used because of rampant identity theft and the invasion of personal and sensitive data that’s now a daily occurrence around ...

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Companies face being caught with their pants down over forthcoming EU Regulation on data protection

October 9, 2014, Categories  Essential Law for Marketers, Legal update Comments No comments

pants downThere’s evidence that most major companies haven’t as yet appreciated the impact that this  European-wide Regulation will have on their business and could be caught out unless they take action sooner rather than later.

The aim of the new European Data Protection Regulation is to harmonise the current data protection laws in place across the EU member states. The fact that it is a “regulation” instead of a “directive” means it will be directly applicable to all EU member states without a need for national implementing legislation.

From the first half of 2015, all EU Governments will have two years from which to ensure that the EU General Data Protection Regulation is ...

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