Dave Shanahan, WinBeta, Wednesday, October 19, 2016
According to United Kingdom (UK) technology advisor, Liam Maxwell, Microsoft’s decision to open data centers in the country is a “win-win.” Maxwell spoke with over 100 senior British business leaders at Microsoft’s offices in London, to discuss the cost benefits of storing government and business data in the cloud as opposed to on-premises solutions.
Peter Vogel, Lexology, Wednesday, October 19, 2016
Companies that transfer their accounting records between countries should know whether the new EU Privacy Shield applies to data whether it contains Personal Identifiable Information (PII) or PCI credit card information. To learn more, please watch my recent video entitled “Data Transfer Agreements: What You Need to Know.” The video interview by SmartPros is part of a series of educational videos covering subjects in the accounting, financial services, legal, engineering and information technology industries.
Harshul Joshi, Arabian Business, Friday, October 14, 2016
The emphasis on critical national infrastructure is an overdue recognition that as software and control systems become increasingly integrated, cyber attacks can have devastating and lasting impacts in both the cyber and physical worlds. As one of the largest economies in the world, this step by the EU is significant.
Tom Bergin, Reuters, Thursday, October 6, 2016
Yahoo's decision to scan clients' email accounts at the behest of the U.S. authorities has prompted questions in Europe as to whether EU citizens' data had been compromised, and could help derail a new trans-Atlantic data sharing deal. Ireland's Data Protection Commissioner, the lead European regulator on privacy issues for Yahoo, said on Wednesday it was making enquiries about the matter.
Natasha Lomas, TechCrunch, Wednesday, October 5, 2016
MasterCard is moving from trials of facial biometrics for payment authentication, including one in the U.S. and Canada launched earlier this year, to its first proper rollout of what is colloquially referred to as ‘selfie pay’ (aka MasterCard Identity Check). So basically enabling app users to confirm an online payment by showing their face to their smartphone’s camera. The biometric authentication app is being rolled out in Europe in the following markets: Austria, Belgium, the Czech Republic, Denmark, Finland, Germany, Hungary, the Netherlands, Norway, Spain, Sweden and the UK.
Peter Merkulov, Dark Reading, Tuesday, October 4, 2016
The IAPP-EY numbers strongly suggest that companies have decided to look for a middle ground. Rather than build their trans-Atlantic compliance programs on Privacy Shield's uncertain foundation, companies are collaborating with trading partners to take responsibility for protecting private data and establishing obligations that they can rely on, should Privacy Shield meet the same fate as Safe Harbor.
Lory Kehoe, David Dalton and Sean Smith, Deloitte Ireland, Friday, September 23, 2016
Regulation is one of a number of services to receive the ‘Tech’ treatment in recent times. As with its bigger brother FinTech, the definition of RegTech will mean different things to different people in this developing area. While the name is new, the marriage of technology and regulation to address regulatory challenges has existed for some time with varying degrees of success. Increasing levels of regulation and a greater focus on data and reporting has however brought the RegTech offering into greater focus thereby creating more value for the firms that invest in these solutions.
Sam Pfeifle, The Privacy Advisor (IAPP), Friday, September 23, 2016
Noting that the Commission has already published a guide to the Privacy Shield for public consumption, Gencarelli allowed that, “there’s been a lot of misunderstanding on our side of the Atlantic. What is the Shield and how different is it from Safe Harbor? And it is significantly different … DPAs will have to work together to a much larger degree and extent. The Privacy Shield will be a test case of that new way of cooperating, especially when it comes to investigation or channeling complaints.”
Techseen, Thursday, September 22, 2016
Even though Microsoft Cloud Services are already available across Europe, with the company’s two new datacenters in the UK a couple of weeks back, this particular model, as stated by Microsoft, will provide a different option to an already available system, creating increased opportunities for innovation and economic growth for regulated partners and customers in Germany, the European Union (EU) and the European Free Trade Association (EFTA).
Pedro Hernandez, eWeek, Thursday, September 22, 2016
Microsoft Cloud Germany is open and ready for business, operating under a "data trustee" model that addresses the data privacy and sovereignty concerns of the region's companies.