Tag Archives: UK

U.S. Moves Ahead with Federal “Fintech Sandbox” — CFPB Announces Creation of Office of Innovation

In an effort to promote the development of new financial technology (fintech) products, Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau (CFPB), announced last week the creation of the Office of Innovation. Mulvaney said the new division, to be run by Paul Watkins under the umbrella of the CFPB, is designed to foster … Continue Reading

Ticketmaster Hit With Malware Compromising UK Customers’ Data

Ticketmaster has reported that it has “identified malicious software on a customer support product hosted by Inbenta Technologies, an external third-party supplier to Ticketmaster.” As a result, UK customers who bought theater, concert or sporting event tickets between February and June 23, 2018, may have been affected by the breach. The malware deployed was designed … Continue Reading

Advanced Weather Data: Vital for the Future of Commercial Drone Operations

Back in December 2016, Amazon executed its first customer delivery by drone in the United Kingdom. Now, as Amazon, and other large retailers, aim for widespread deployment of drones for the delivery of goods to consumers, it is increasingly clear that advanced weather data is vital for ensuring that these delivery drones can fly weather-sensitive … Continue Reading

Tesco Bank Cyber-Robbery—Some Implications for U.S. Banks—and their Depositors

UK-based Tesco Bank froze online transactions on Monday after discovering that cyber-criminals stole money from 20,000 different customer accounts. The exact method used by the perpetrators is still under review, but preliminary analysis suggests the attackers exploited weaknesses in the bank’s online payment system related to the  processing of debit card transactions. The Bank has … Continue Reading

Transatlantic Data Transfer: An Update

The EU-US Privacy Shield, designed to protect EU citizens’ personal data when it is transferred to US organisations, has now been in place for a couple of months. How is it shaping up? How we arrived at the Privacy Shield… Under current EU data protection laws, as well as under the forthcoming General Data Protection Regulation … Continue Reading

EU-US Privacy Shield for transatlantic data transfers finalized

This article co-authored with guest blogger Peter Wainman, a partner with Mills & Reeve LLP Transfers of personal data from most European countries to the U.S. have been exposed to legal attack since October 2015, when privacy campaigner Max Schrems successfully sued the Irish authorities over data transfers made by Facebook Ireland.  The main objection with … Continue Reading

Backdoors to encryption protocols vs. cybersecurity: weighing priorities in the U.S. and abroad

With the revelations that the Paris and San Bernardino attackers used encrypted communications to recruit, communicate and plan their attacks, the U.S. government is again pushing the tech industry to provide it backdoor access to encryption protocols. Bypassing security mechanisms through a backdoor, law enforcement believes, permits it to more effectively track users and content, … Continue Reading
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