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Updated: 12 hours 17 sec ago

Global outsourcing market set for record year

Mon, 01/21/2019 - 09:19
The annual value of outsourcing contracts signed globally in 2019 is expected to exceed $50 billion as organisations seek to automate processes and access cloud-based services, according to new research.
Categories: Cyber Risk News

Scottish fintech sector balloons in 2018

Wed, 01/16/2019 - 16:14
The Scottish financial technology (fintech) sector has grown threefold in the last 12 months, with an increase in the number of firms established in Scotland to more than 80.
Categories: Cyber Risk News

Singapore's 'worst ever' data breach leads to fines

Wed, 01/16/2019 - 10:43
The body behind the operation of several hospitals and other health institutions in Singapore and the city state's central national IT agency for the public healthcare sector have been fined a total of SIN$1 million ($739,000) over data security failings that enabled a hacker to access the personal data of nearly 1.5m people.
Categories: Cyber Risk News

Defamation law to be reformed in Scotland

Tue, 01/15/2019 - 15:38
Major changes to defamation laws in Scotland have been backed by the Scottish government in a move which will bring the laws more closely into line with those already in place in England and Wales.
Categories: Cyber Risk News

UK moving from 'open banking' to 'open finance'

Mon, 01/14/2019 - 16:19
Businesses and consumers can expect to gain greater control over how their financial data is used, meaning they will be able to access innovative new services as the UK moves to a system of 'open finance', an expert has said.
Categories: Cyber Risk News

UK government gives advice to online businesses in case of no-deal Brexit

Mon, 01/14/2019 - 15:03
The UK government has issued guidance for online businesses and service providers on how to operate in the European Economic Area (EEA) should the UK leave the EU at the end of March with no withdrawal agreement.
Categories: Cyber Risk News

Amazon 'Dash' button ruled illegal in Germany

Mon, 01/14/2019 - 13:01
Amazon's Dash button service breaches consumer protection and e-commerce regulations in Germany, a court in the country has ruled.
Categories: Cyber Risk News

NHS to test power of smart meters to enable digital health

Mon, 01/14/2019 - 10:47
The power of smart meters to monitor the health of people in the home is to be examined in an NHS trial in England in an initiative that shows the potential for energy suppliers to diversify into the health and care sector, an expert has said.
Categories: Cyber Risk News

EU court advised to limit scope of 'right to be forgotten'

Fri, 01/11/2019 - 08:46
Search engines should not be forced to alter their search results for users outside of the EU when complying with 'right to be forgotten' requests made under EU data protection laws, a senior adviser to the EU's highest court has said.
Categories: Cyber Risk News

Last chance for international firms to settle UK tax liabilities

Thu, 01/10/2019 - 15:19
Multinational companies will be given the opportunity to disclose any cross-border arrangements that divert UK profits overseas and settle the associated tax liability, HM Revenue and Customs (HMRC) has announced.
Categories: Cyber Risk News

Business fined after data subject access request failings

Thu, 01/10/2019 - 14:18
A business that failed to respond fully to a data subject access request and later ignored an enforcement notice served on it for doing so has been fined £15,000 for breaching UK data protection laws.
Categories: Cyber Risk News

Review urged into potential pan-EU cryptoasset regulation

Thu, 01/10/2019 - 12:18
EU policymakers should investigate the case for pan-EU regulation of cryptoassets, the European Banking Authority (EBA) has said.
Categories: Cyber Risk News

New Hong Kong international arbitration rules in force

Thu, 01/10/2019 - 10:16
New rules governing arbitrations administered by the Hong Kong International Arbitration Centre (HKIAC) are now in force, intended to better reflect the use of technology and accommodate multi-party and multi-contract arbitrations.
Categories: Cyber Risk News

UK to recognise medical device 'CE' marks after 'no deal' Brexit

Wed, 01/09/2019 - 16:56
Medical device manufacturers will not be required to obtain new 'CE' markings for their products in the immediate aftermath of Brexit to continue supplying those devices in the UK, the Medicines & Healthcare products Regulatory Agency (MHRA) has confirmed.
Categories: Cyber Risk News

Life sciences: beyond Brexit, restructuring and a focus on tech to unlock value in 2019

Tue, 01/08/2019 - 16:44
ANALYSIS: Brexit concerns will continue to be a boardroom issue for the life sciences sector in 2019, but a focus on corporate restructuring, partnering and greater use of new technologies is likely to drive change and growth in the sector this year.
Categories: Cyber Risk News

Bahrain takes the lead on 'open banking' in the Middle East

Tue, 01/08/2019 - 10:37
Retail banks operating in Bahrain have until the end of this month to outline how they intend to the implement 'open banking' required by new regulations.
Categories: Cyber Risk News

Businesses urged to shield against risk of social engineering

Tue, 01/08/2019 - 10:19
Businesses should train staff how to detect and avoid falling victim to social engineering to help keep their data secure, an expert has said.
Categories: Cyber Risk News