Search results for "data breaches"

January 19, 2023
UK Watchdog Says No Action Needed After HSBC Self-Corrects Breaches

The Competition and Markets Authority (CMA) dealt a rebuke to the banking giant after uncovering breaches of its responsibilities under open banking – which allows third-party financial service providers open...


January 18, 2023
China Launching State-Owned Ride-Hailing App, Easing Tech Crackdown 

China is reportedly launching a state-owned ride-hailing app. The launch of Strong Nation Transport signals that China aims to be involved in the tech industry even as it eases an...


January 17, 2023
TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown

A five million euro fine for privacy violations welcomes TikTok to an expensive club. It’s not the first time the Chinese company has been fined for breaching EU data protection...


January 04, 2023
Meta Fined $413M for GDPR Breaches

Facebook parent company Meta is facing 390 million euros ($413.4 million) in fines. Ireland’s Data Protection Commission (DPC) said in a Wednesday (Jan. 4) press release that Meta Ireland’s advertising...


January 04, 2023
New Year, Same Data-Privacy Woes for Meta’s Advertising Cash Cow

Ireland’s Data Protection Commission (DPC) says Meta’s ad-centric business model is noncompliant with European regulations. That’s according to a public statement released Wednesday (Jan. 4) outlining the commission’s final decision...


January 04, 2023
Ireland Fines Meta $414 Million Over Targeted Ads Using EU...

The Irish Data Protection Commission fined Meta over $400 million Wednesday after finding its Facebook and Instagram services breached EU privacy rules, reported The New York Times.  Facebook parent company Meta...


December 23, 2022
EU Watchdog Probes Twitter for 5.4 Million User Data Breach

Ireland’s Data Protection Commission is looking into Twitter after a 5.4 million user data breach. The commission released a statement Friday (Dec. 23) that it is probing the social media...


December 16, 2022
The Digital Services Act – A Laudable Ambition, But Will...

The EU has adopted the Digital Services Act (“DSA”) a ground-breaking legislation to make the internet a safer place, while also seeking to protect fundamental rights and to enhance consumer...


December 06, 2022
Australia Sues Amex for Violating Credit Card Distribution Rules

Australia’s securities regulator says American Express issued customers cards without ensuring they understood them. In a lawsuit filed Monday (Dec. 6), the Australian Securities & Investments Commission (ASIC) alleges that the credit card company...


Authenticated Payments
Single Sign-On Bridges The Authentication Gap Customer authentication walks a tightrope between seamlessness and security, but single sign-on (SSO) systems can bridge this gap using a single password administered by third parties like Facebook or Google. In this month’s “Authenticated Payments Report,” a PYMNTS and LoginID collaboration, Clay McDaniel, CEO of Ripl, outlines how SSO solutions can safeguard the payments process while sparing users from managing countless usernames and passwords.