TikTok: Lawyers hope new data centre can ease privacy fears September 8, 2023 Tiktok has opened a European data centre which lawyers say could quell international privacy fears currently plaguing the app. This week the Chinese video app opened a new data centre based in Dublin as part of an effort to calm European data privacy concerns around the app’s links to China. ‘Project Clover’, as it has [...]
Data attacks set to enter new era under ‘FraudGPT’, warn cybersecurity execs August 8, 2023 A new breed of malicious AI models are “heralding an era of AI-enabled data attacks” on businesses, Darktrace VP of strategic cyber AI Nicole Carignan has warned. Speaking to City PM, Carnigan said data attacks will become “faster and harder to defend against in the next few years” as new AI systems make attacks more [...]
IBM Security Report: UK businesses face £3.4m data breach costs but AI could help July 24, 2023 UK organisations face an average cost of £3.4m for data breach incidents but AI could reduce these costs by £1.6m on average, a report by IBM Security has revealed. Their annual Cost of a Data Breach Report showed a decrease in the total average cost of a data breach in the UK from £3.8m in [...]
Football’s data wars takes another turn, but can players really protect their information? July 11, 2023 A former Leyton Orient, Scarborough and Yeovil Town manager may seem an unlikely figure to be at the forefront of football’s data wars, but a landmark announcement in the Netherlands this week can be traced back to Russell Slade. Fifpro, the international union for professional footballers, on Tuesday announced the creation of a new database [...]
Clock ticks down for Tiktok as UK reportedly prepares to ban app on government devices March 13, 2023 Amid reports the UK is set to recommend a ban on Tiktok from government devices, City PM looks at how the app went from viral dance videos to data security threat.Every Sunday, whatever the weather, groups of teenagers gather on a raised platform outside City PM HQ to film themselves dancing against the glittering backdrop [...]
UK’s data watchdog to shift away from big fines to focus on prevention January 18, 2023 The UK’s data watchdog has vowed to shift away from simply hitting companies with big fines for breaching data privacy rules and instead will look to adopt a more preventative approach. John Edwards, head of the Information Commissioner’s Office, said today that he will focus on preventing data breaches from happening in the first place [...]
UK and US make ‘significant progress’ on data partnership as Biden pens EU wide deal October 7, 2022 The government said it has made “significant progress” in securing a new tech and data partnership with the US. It comes as Digital Secretary Michelle Donelan met with US Secretary of Commerce Gina Raimondo earlier today to work on a new data adequacy agreement in the coming weeks. Data adequacy agreements allow personal data to [...]
TikTok could face £27m fine over children’s privacy allegations September 26, 2022 TikTok is facing a possible £27m fine over claims it may have broken UK data protection law and failed to protect children’s privacy. The Information Commissioner (ICO) handed the social media platform a ‘notice of intent’ over alleged breaches between May 2018 and 2020. The investigation discovered TikTok may have processed children’s data without the [...]
‘Brexit’s biggest rewards’: New data bill makes way through parliament September 5, 2022 New data reforms, which digital secretary Nadine Dorries reckons will be “one of Brexit’s biggest rewards”, is set to be debated in parliament today. Under the Data Protection and Digital Information Bill, firms will be given the flexibility to protect personal data in more proportionate ways rather than forcing them to follow the same processes [...]
Identity theft-driven data breaches costing Brits close to £4bn a year August 10, 2022 Data breaches driven by identity theft have been costing the UK near £4bn every year for almost a decade as fraud in the country rises. Over 28m data breaches have occurred every year since 2013 at a cost of £3.7bn per year, with more than 140m files compromised, data by ID verification checks provider Credas [...]
