“Put your money in the bank and you can watch it grow.” If there is a statement that shows us how much the financial world has changed it’s this one. With the introduction of negative interest, companies and consumers with a large amount of liquid assets are looking for a different way to handle those assets. This is where the innovative fintech industry

During the previous weeks, we provided a thorough overview of the EU NIS Directive, focusing on the Operators of Essential Systems (OES), the Digital Service Providers (DSP) and the compliance frameworks. Our review of the EU cybersecurity policy and strategy would be incomplete without mentioning the EU Cybersecurity Act. On 27 June, the European Cybersecur

The European GDPR (General Data Protection Regulation) is one of the most influential consumer privacy laws that has affected 500,000 companies throughout the world. This law has played a crucial role in formulating another substantial privacy law known as the California Consumer Privacy Act that came into effect on January 1, 2020.Similar to the European GD

byLisa VaasPeople are spending a lot of time online these days. They’re helping kids with homework, looking up prices for a sick parent’s prescriptions, or visiting who knows what websites in search of who knows what content: researching the pandemic, hanging out virtually with friends, shopping, or whatever else floats their boats.Unfortunately,

“International cooperation and building awareness are necessary to achieving a more secure world,” Daniel Monastersky Security, in any of its dimensions or spheres, is the first responsibility of any government. In this age of hyperconnection and interoperability, new actors and risks have emerged that have forced governments to carry out major revisions and

Canada is in the final stages of enacting legislation that will require all companies to report data breaches to the federal government.The Canadian government first passed the legislation back in 2015 as part of the Digital Privacy Act. Due to the need for “related regulations outlining specific requirements,” government officials gave industry

It’s a well-known fact that UK’s Prime Minister David Cameron doesn’t care much about peoples’ privacy. Recently he has been driving the so called Snooper’s Charter that would give authorities expanded surveillance powers, which got additional fuel from the Paris attacks. It is said that terrorists want to tear down the Western society and lifestyle. And Cam

The U.S. Senate is scheduled to consider early Tuesday the Cybersecurity Information Sharing Act of 2015, a controversial bill that is intended to encourage businesses to share information about cyberthreats with the government by providing them immunity from customer lawsuits.The CISA bill has been criticized by civil rights groups and some companies in

A trade group representing Facebook, Google, Yahoo and other tech and communications companies has come down heavily against the Cybersecurity Information Sharing Act of 2015, a controversial bill in the U.S. that is intended to encourage businesses to share information about cyberthreats with the government.The Computer & Communications Industry Ass

A subcommittee of the U.S. House of Representatives has proposed requiring vehicle manufacturers to state their privacy policies, besides providing for civil penalties of up to US$100,000 for the hacking of vehicles.The lawmakers have also proposed that the National Highway Traffic Safety Administration set up an Automotive Cybersecurity Advisory Council

After decades of war, Sri Lanka has turned into one of the more peaceful investment destinations in the Indian subcontinent. While the country has had an eventful year with two major elections as well as numerous changes in political affiliations, the orderly manner in which Sri Lankans have responded and voted in the elections augurs well for a stable busin

A fresh analysis of documents disclosed by former U.S. intelligence contractor Edward Snowden shows that AT&T has been a much closer and eager partner for the National Security Agency’s Internet spying activities than was previously known.AT&T has been by far the most critical telecom player in the NSA’s surveillance efforts and its willing participa

Authors: Christopher Parsons, Tamir IsraelIntroductionAmerican and British officials have been warning with an increasing sense of purported urgency that their inability to decrypt communications could have serious consequences. American authorities have claimed that if they cannot demand decrypted communications from telecommunications providers then seriou

The U.S. Senate could take a preliminary vote as soon as Wednesday on a controversial bill intended to encourage businesses to share cyberthreat information with each other and with government agencies, despite concerns that the legislation would allow the widespread sharing of personal customer data.Senate leaders are attempting to iron out compromise langu

The U.S. Department of Homeland Security has warned about the privacy implications of a cybersecurity bill that is intended to encourage businesses to share information about cyberthreats with the government.The DHS has also warned that the information sharing system proposed by the new bill could slow down responses in the face of a cyberthreat, if companie