data protectionRSS

The United Nations of Data – an interesting idea

Connexion Internet

One of the big problems of the digital economy is unity. Everyone is out for themselves which could mean no one wins, reports Telecoms.com (Banking Technology’s sister publication). What we’re talking about here are the rules – the legislation and regulation which defines how a company can operate in the connected economy. There sure are […]

Are you data breach fatigued?

sleep on computer

Data breaches are nothing new – quite the contrary – in fact their very frequency makes it likely that we’re fatigued to the point of indifference by the number of leaks which are surfacing, reports Telecoms.com (Banking Technology’s sister publication). Knowing the value of money is a lesson parents have been teaching children for years, […]

It looks like no-one cares about data protection regulations

Young woman shrugging shoulders

It doesn’t matter if they were given more than two years to get ready, with six months to go until the EU GDPR deadline, it’s going to be a sprint finish for a worryingly large number of companies, reports Telecoms.com (Banking Technology’s sister publication). That’s the view of law firm Blake Morgan. After conducting a […]

IBM unveils data protection engine for cloud era

IBM working with Standard Life and ING Direct Australia

IBM has unveiled IBM Z, a new transaction system, capable of running more than 12 billion encrypted transactions per day and designed for use in the cloud. The firm is looking to address data breaches, which it reckons are a major factor in the $2 trillion cybercrime impact on the global economy by 2019. IBM […]

Australia has a go at removing citizens’ security

To Apple Pay or not to Apple Pay, that is the question

The Australian Government is developing its own anti-encryption legislation, modelled on the UK’s Snoopers Charter, a set of rules deemed unfit by the European Court of Justice, reports Telecoms.com (Banking Technology’s sister publication). The move, which was announced by Prime Minister Malcolm Turnbull, has been built on anti-terrorism messages, as yet another government uses the element […]

Thousands and thousand of times: a tale of an insider data breach

Hacker

Eleonore Fournier-Tombs, RedOwl field data scientist, ponders the curious case of Galen Marsh, who stole masses of data from his former employee, Morgan Stanley, by using a very simple hack of the client data management system. In a climactic conclusion to an insider threat story that has been developing since 2015, Morgan Stanley agreed to […]

Data protection compliance: the biggest hurdle facing the back office?

Attacks: not 'if' but 'when' ...

In an effort to improve the protection offered to consumers, and to harmonise data practices, the EU is currently in the process of passing two pieces of legislation: the Cybercrime Directive and the General Data Protection Regulation (GDPR). Few people have given much thought to how these will align with international financial regulation.

EU/US face-off over FISA on the cards

DB297

It has been clear for some time now that some of the regulations coming into force around the globe contain contradictions and inconsistencies. A large part of the work done by JWG, Banking Technology‘s  partner for our regular RegTech coverage, has been in identifying these, working out their impact on systems and processes and what issues […]

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