The sending of data outside the European Union (EU) goes against the region's rules and the ride-hailing company has now stopped doing so. Upon hearing the decision to fine the company, Uber spokesperson Caspar Nixon said that the DPA's decision was flawed and that the size of the fine was unjustified. Nixon went on to…
Read more
LeapRate Exclusive... As the technology landscape matures, so does the demand for adequate security measures. Consumers are demanding that information-collecting processes are less arduous and convenient, and corporates are answering. Just recently announced, IBM decided to streamline its KYC process by implementing blockchain technology to provide added efficiency for consumers to conduct interactions that require…
Read more
Making an educated forecast initially expects us to recall on past 2018 cybersecurity breaches. The year began with a huge explosion - Specter and Meltdown (otherwise known as Chipocalypse). Not at all like this had ever happened to PC and cybersecurity. A huge number of frameworks, and also cloud configurations, were influenced. The effect, and…
Read moreFile this one under the title of Unintended Consequences. After gaining popularity among many Bitcoin and crypto token traders in recent months, P2P trading platform CoinTouch has announced on its website at cointouch.com that it is shutting down due to uncertainty which the new General Data Protection Regulation (GDPR) presents to website operators. Chris Beach, who…
Read more
The following article was written by Scott Whitney, senior vice president of product management at communications compliance, archiving, and analytics company Actiance. Much has been written about Markets in Financial Instruments Directive (MiFID II) and the General Data Protection Regulation (GDPR) over the past year. But only recently people have people started to notice that…
Read more
The Financial Conduct Authority (FCA) and the Information Commissioners Office (ICO) have today published an update on the EU General Data Protection Regulation (GDPR). The EU General Data Protection Regulation (GDPR) will apply in the UK from 25 May 2018. It is an essential step forward in enhancing the privacy and security of personal data.…
Read more