More From #RISK – Page 160
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NewsRansomware found difficult to prevent even when victims are prepared
New report by Cloudian has revealed that ransomware attacks still evade cyber defenses whilst phishing remains a popular initial entry method for penetrating secure networks.
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NewsRussia’s DPA creates data protection commission
Russia’s data protection authority, Roskomnadzor, has created a commission for the protection of personal data.
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NewsJapanese banks to share AML/CFT information
The banking sector in Japan plans to deploy an industry-wide transaction monitoring and screening system for anti-money laundering and countering financing of terrorism.
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NewsData leak hits Tokyo Olympics
The login IDs and passwords of volunteers and ticket purchasers for the Tokyo Olympic and Paralympics have leaked online, it has emerged just as the games are getting underway.
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NewsMalaysia to beef up cyber security
The Malaysian government will establish a more systematic command centre to oversee cyber security, said communications and multimedia minister Datuk Saifuddin Abdullah.
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NewsFraudsters and hackers became more active in UK during pandemic
Fraud and computer misuse offences rose in Britain during the country’s anti-coronavirus lockdowns, according to data released this week by the Office of National Statistics (ONS).
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NewsTikTok fined for violating children’s privacy
The Dutch Data Protection Authority (DPA) has imposed a fine of € 750,000 on TikTok for violating the privacy of young children.
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NewsFrench DPA issues 1.75m euro GDPR against multinational insurer
The CNIL has sanctioned the AG2R La Mondiale group for violating data retention provisions under the EU General Data Protection Regulation.
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NewsIndia’s DNA data law raises privacy concerns
Privacy activists are concerned that the data could be used for caste-based or community profiling in a country where minority groups are disproportionately criminalised.
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NewsUS pipeline operators ordered to toughen up cyber security
The Department of Homeland Security (DHS) has issued a second security directive requiring owners and operators of critical pipelines transporting hazardous liquids and natural gas to implement measures against cyber intrusions.
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NewsDanish council fined for weak data security
Datatilsynet, Denmark’s DPA, has ordered the Southern Denmark regional authority to pay DKK500,000 ($79,200, €67,200) for failing to have appropriate safeguards to protect sensitive health information. The DPA is also referring the council to the police.
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NewsHacked Saudi Aramco data ‘for sale’
Threat actors are reportedly offering 1 TB of proprietary data stolen from the Saudi Arabian Oil Company on the darknet for a negotiable price of $5m (€4.25m).
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NewsNew Zealand bank to pay penalty for money-laundering failures
The TSB in New Zealand has agreed to pay NZ$3.85m (US$2.67m, €2.27m) in penalties after acknowledging a failure to comply with anti-money laundering rules.
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OpinionCould the Grindr Priest Story Be True? I Asked the Team Behind Grindr’s €10m GDPR Fine
Could “commercially available” location data originating from Grindr really have been used to identify an individual? I asked Finn Myrstad, who helped file a data protection complaint regarding how Grindr shares user data.
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NewsData from price comparison website breached in cyber attack
Ransomware attackers forced Swiss price comparison website comparis.ch offline for two days last week with the associated data breach probably resulting in client data being stolen, Zurich police say.
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NewsMoney laundering case against Messi dismissed
Fresh allegations accusing top footballer Lionel Messi of fraud, embezzlement and money laundering have been dismissed by a Spanish court.
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NewsPrivacy watchdog issues warning after photos of jailed Zuma appear on social media
The Information Regulator in South Africa says it notes with concern photographs of former President Jacob Zuma taken in jail have been distributed through social media.
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NewsData protection and privacy laws guide issued for Africa’s lawyers
The African regional forum of the International Bar Association (IBA) has published a comprehensive guide on data protection and privacy laws for legal practitioners on the continent.
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NewsRobinhood braced for multi-million fine in AML probe
Online trading app Robinhood said it expects to pay a $30m (€25.4m) penalty in relation to an anti-money laundering probe of its cryptocurrency business, according to a Securities and Exchange Commission (SEC) filing
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NewsDutch turn AML spotlight on second-hand lease car trade
The government and banks in the Netherlands are turning their attention to the second-hand lease car market in their fight against money laundering.
