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EU agency warns of cyber risks from using big data tools

Businesses that use software and systems to collect, analyse and use data are increasingly vulnerable to cyber risks, according to a new report. The European Network and Information Security Agency (ENISA) urged companies to embrace "the security-by-default principle" to better safeguard data and systems against privacy and …
OUT-LAW.COM, 01 Feb 2016

Most of the world still dependent on cash

Most people in the world are still dependent on using cash for making basic payments, meaning that benefits such as reduced costs and greater speed of transactions are being missed out on, according to new research. The reliance on paper money is also a barrier to "boosting financial inclusion among the world’s two billion …
OUT-LAW.COM, 30 Jan 2016
Switch

Outage outrage: Banks need clear targets for improving IT systems

Banks should be set "clear objectives and targets" on improving the performance of their IT systems in light of a number of recent major outages, the chairman of a prominent UK parliamentary committee has said. In letters to Andrew Bailey, chief executive of the Prudential Regulation Authority (PRA), and Tracey McDermott, …
OUT-LAW.COM, 27 Jan 2016
Two upended shopping trolleys in an alleyway. Photo by Cyron, licensecd under CC 2.0

Retailers urged to create 'CCTV-like' symbol to inform customers of mobile tracking

Retailers have been urged to create a standard symbol, similar to the one used to denote the use of CCTV, to inform customers that their location within shopping areas is being tracked through their mobile device. The recommendation was contained in a new working paper that has been issued by an international working group on …
OUT-LAW.COM, 26 Jan 2016

Apple CEO visits EU regulator to discuss tax bill

Apple chief executive Tim Cook met European competition commissioner Margrethe Vestager in Brussels last week, apparently to discuss the European Commission's investigation into the company's tax affairs. The Commission confirmed that a meeting had taken place but said it could give no further details. The Commission is …
OUT-LAW.COM, 25 Jan 2016
China

China to set up its own virtual currency

The People's Bank of China (PBOC), China's central bank, hopes to launch its own virtual currency to cut the cost of handling paper money and to give the government more control of the country's money supply. A research team has been looking into digital currencies since 2014 and has achieved some encouraging initial results. …
OUT-LAW.COM, 22 Jan 2016
Containers

Amazon China registers for ocean freight services to US

Amazon China has registered to provide ocean freight services to the US, according to an online database seen by freight forwarding company Flexport. Ryan Petersen, chief executive of Flexport said in his blog that the move, which allows Amazon to buy and sell space on ships, could allow Amazon to sell directly from factories …
OUT-LAW.COM, 19 Jan 2016
Hotel scene - suitcase propped up against freshly made bed. Image by Shutterstock

Self-regulation can address issues that arise in the digital economy, says Airbnb

Self regulation can be a "more effective way" of addressing issues that arise in online markets than passing new legislation, Airbnb has said. In written evidence to a UK parliamentary committee which is looking into how the UK government can support the growth of the digital economy, Airbnb said self regulation can offer a …
OUT-LAW.COM, 15 Jan 2016

EU lawmaker committees call for single EU telco regulator

The EU's telecoms market should be regulated by a single authority, two committees at the European Parliament have said. The Committee on Industry, Research and Energy, and Committee on the Internal Market and Consumer Protection, made the recommendation in a motion tabled for a new European Parliament resolution on the …
OUT-LAW.COM, 12 Jan 2016
Brent Spiner signed photo saying 'Big Data'

Use of big data can lead to 'harmful exclusion, discrimination' – FTC

Businesses should take steps to avoid causing "harmful exclusion or discrimination" when using aggregated consumer data that they have analysed, a US regulator has said. In a new report the Federal Trade Commission called on companies to check how representative their data sets are, whether their "data model" takes account of …
OUT-LAW.COM, 08 Jan 2016

The Network and Information Security Directive – who is in and who is out?

New cyber security laws agreed on by EU law makers in early December are set to impact on a large number of businesses. Political agreement on the draft Network and Information Security (NIS) Directive, which could still be amended, was reached by MEPs and representatives of EU  governments in early December. It means the path …
OUT-LAW.COM, 07 Jan 2016
Samsung UHD TV with Christmas tree

Dust off those White Space devices: New rules finalised by Ofcom

New UK regulations are set to come into force at the end of this year to allow telecoms providers to use special devices to provide wireless data services via "white space" - licensed portions of radio spectrum which remain unused locally. The Wireless Telegraphy (White Space Devices) (Exemption) Regulations will come into …
OUT-LAW.COM, 04 Jan 2016

EU privacy watchdog calls for new controls on surveillance tech export

EU controls on the export of technologies that can be used for communications surveillance and interception should be enhanced, the European Data Protection Supervisor (EDPS) has said. EDPS Giovanni Buttarelli highlighted the risks of surveillance and interception technologies being misused (16-page / 1.12MB PDF) in a recently …
OUT-LAW.COM, 25 Dec 2015
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Firms must ensure shared service suppliers have 'sufficient financial resources'

Banks, building societies and investment firms must ensure that technology companies providing critical shared services have "sufficient financial resources" to overcome financial problems, a UK regulator has said. The Prudential Regulation Authority (PRA) said that before they outsource critical shared services firms must …
OUT-LAW.COM, 24 Dec 2015

Apple and Samsung team up with UnionPay to target Chinese market

Apple and UnionPay have agreed a partnership to bring Apple Pay, which allows payments from Apple products using near-field communication technology, to the Chinese market in early 2016 after "tests and certification" by Chinese regulators. The China UnionPay bank card network operates China's national inter-bank clearing and …
OUT-LAW.COM, 23 Dec 2015

EU reforms could pave way for smells and noises to be trade-mark protected – expert

Reforms to EU trade mark laws finalised soon could open the way for non-conventional trade marks to be registered, like smells, noises and even music, an expert has said. The European Parliament backed a new directive designed to "approximate" the different national trade mark laws (70-page/538KB PDF), and a new regulation …
OUT-LAW.COM, 21 Dec 2015
£10 notes. Pic: Howard Lake

New data porting rules mustn't overburden businesses with costs, says UK minister

Rules designed to enable consumers to move their data from one platform to another should not be so costly to comply with that they serve as a "barrier to entry" into markets, the UK's parliamentary under-secretary of state for the Department for Business, Innovation has said. Baroness Neville-Rolfe said that the planned new …
OUT-LAW.COM, 16 Dec 2015

New gear needed to capture net connection records, say ISPs

Communication providers will need to invest in new equipment if they are to capture people's internet connection records (ICRs) and comply with planned new UK surveillance laws, three major UK internet service providers (ISPs) have said. Under the Investigatory Powers Bill, proposed by the UK government in November, …
OUT-LAW.COM, 15 Dec 2015
Crop of doctor with pen and clipboard

Expert welcomes UK’s digital health recommendations

New recommendations made to the UK government over how to encourage greater use of technology in the NHS in England can help health bodies meet challenging budget constraints and deliver more convenience for patients, an expert has claimed. Expert in digital health Matthew Godfrey-Faussett of Pinsent Masons, the law firm …
OUT-LAW.COM, 14 Dec 2015

EU governments reach agreement on passenger name data

The Council of the EU has reached agreement with the European Parliament on a proposal for the transfer of passenger name data (PNR) from airlines to EU countries. PNR data can include any personal information collected during bookings for flights, including home addresses, mobile phone numbers, frequent flyer information, …
OUT-LAW.COM, 09 Dec 2015
Array in a rack. Image via Shutterstock

Most businesses collecting data they never use, survey finds

Most companies in the UK, France and Germany collect data they never use, according to a new survey. Data storage providers Pure Storage said a survey of 308 IT decision makers across the three countries in July that it commissioned found that 72% of organisations "have gathered data that was not used later on". The survey …
OUT-LAW.COM, 07 Dec 2015
£10 notes. Pic: Howard Lake

Bank fined £1m after outsourcing faults led to improper transfers

The Prudential Regulatory Authority (PRA) has fined a bank more than £1 million after finding that faults with its outsourcing arrangements helped rogue employees at a third party service provider to move money out of its bank accounts without its knowledge or consent and put the bank's own financial health at risk. Faults in …
OUT-LAW.COM, 03 Dec 2015
Patent for a saluting hat

Patent litigation in Europe will look very different in 5 years' time – expert

Patent litigation in Europe in five years will look very different from now owing to major reforms to the patent framework and a new wave of technology relevant to wearables and the "internet of things". It is likely that more companies will choose to settle patent disputes through arbitration. At the same time, we can expect …
OUT-LAW.COM, 30 Nov 2015

EU privacy watchdog calls for more ‘processing of personal data’ transparency

Businesses should provide people with an "opt out" right to object to the processing of their personal data when they make an assessment that consent is not necessary as part of a big data project, an EU privacy watchdog has said. European Data Protection Supervisor (EDPS) Giovanni Buttarelli said, though, that "more efforts …
OUT-LAW.COM, 30 Nov 2015
Gunther Oettinger, EU digital commissioner. Pic: Jennifer Baker

EU copyright reforms to be 'gradual, balanced and targeted', says Ansip

EU copyright laws will not be overhauled completely but rather reformed in a gradual, balanced and targeted way, EU commissioner for the digital single market Andrus Ansip has said. Proposed changes to EU copyright laws will be set out in a "strategy paper" next month, Ansip said. In a speech in Strasbourg he revealed some of …
OUT-LAW.COM, 27 Nov 2015