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Tag Archives for " US "

FBI: 2016 Losses to Cybercrime Exceeded $1.3 Billion

Not exactly chump change, huh? Cybercrime is big business and the recently issued FBI 2016 Internet Crime Report makes that clear. The report examines the most prevalent and most damaging forms of cybercrimes today – business email compromise (BEC), ransomware, tech support fraud, and extortion.

Source: FBI: 2016 Losses to Cybercrime Exceeded $1.3 Billion

To tackle Google’s power, regulators have to go after its ownership of data

The problem with regulating technology companies is that, faced with tough new rules, they can eventually innovate their way out, often by switching to newer, unregulated technologies. The risk of targeted regulation informed by little other than economic doctrines might even be fuelling a corporate quest for eternal disruption: instead of surrendering to the regulators, technology firms prefer to abandon their old business model.

Source: To tackle Google’s power, regulators have to go after its ownership of data | Technology | The Guardian

FTC shuts down Blue Global for sharing consumers’ loan-application data

The Federal Trade Commission said it halted the operations of Blue Global Media after the company earned millions of dollars by falsely promising to match them with low-rate loans.

Source: FTC shuts down Blue Global for sharing consumers’ loan-application data | VentureBeat | Business | by Kevin Kelleher

Five Eyes Unlimited: What A Global Anti-Encryption Regime Could Look Like

Heads of the intelligence services of Canada, New Zealand, Australia, the United Kingdom, and the United States – the “Five Eyes” alliance – met in Ottawa. The Australian delegation entered the meeting saying publicly that they intended to “thwart the encryption of terrorist messaging.”

Source: Five Eyes Unlimited: What A Global Anti-Encryption Regime Could Look Like | Electronic Frontier Foundation

Why We Need a Transatlantic Charter for Data Security and Mobility

Setting common guidelines for data flows is crucial both to protect the goods and services that already depend on big data and to support the next generation of productivity gains and business opportunities.

Source: https://www.chathamhouse.org/expert/comment/why-we-need-transatlantic-charter-data-security-and-mobility#

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