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Data Security / Data Theft

Data Protection and Breach Notification Legislation Strengthens Across the Asia-Pacific Region

The shifting landscape in cybersecurity and data protection regulations across the region is a very hot topic.  Asia as a region has lagged behind Europe, in particular, in terms of the development of updated data protection laws. The last few years have seen a real rapid pace of development in this area. We’ve actually had a number of jurisdictions — ... Read More »

Kroll Takes on Hong Kong Market with new APAC Cybersecurity Lead

Former Hong Kong Police Force and JP Morgan Chase security head Paul Jackson has carved out his space as Kroll’s new Asia-Pacific leader for the company’s Cyber Security and Investigations Practice in Hong Kong. Kroll’s global cyber security practice leader Jasan Smolanoff, says it’s exciting to have an experienced team member on board the Asian team. He cites Jackson’s ability ... Read More »

FIS and Equifax Unveil OnlyID™, Advanced Protection Against Financial Fraud and Identity Theft

Key facts FIS and Equifax jointly created OnlyID™, a digital authentication solution that helps protect consumers’ identities and allows them to securely make transactions across multiple online accounts. Without the need of passwords, consumers access OnlyID with a single registered identity through their preferred financial institutions and e-retailers that join the OnlyID Network. The OnlyID Network consists of authenticated consumers ... Read More »

Caveat Emptor: Get Ready To Be Dazzled By GDPR Professionals

Roll up, roll up, shouts the cybersecurity tout at the conference. “Are you ready to be dazzled by our GDPR product, service and expert?” We smile, groan or “tut tut.” We watch, listen, agree to a meeting, or scold and walk away. Everyone’s an expert these days and all products solve the problem of GDPR, or at least that’s what ... Read More »

B20 Policy Recommendations: Shaping an Interconnected World

On May 3rd, 2017, the B20 has officially handed over its Policy Recommendations to German Chancellor Angela Merkel at the B20 Summit in Berlin. The recommendations are the product of a yearlong process of our seven Taskforces and Cross-thematic Groups, which comprise over 700 members from all G20 economies with BIIA being part of it. Developed under the theme “Building ... Read More »

Data Breaches Attack All Parts Of A Business

Data breaches are an enterprise problem involving legal counsel, human resources, corporate communications and other incident response (IR) stakeholders, say Verizon. This is based on Verizon’s Data Breach Directory (DBD) case files that provide most of the data for its Data Breach Investigations Report (DBIR), and the latest report lists the 16 most common or lethal data breach scenarios from the point ... Read More »

Hong Kong’s 3.7 Million Voters Exposed in Massive Data Breach

Hong Kong might just have experienced its biggest ever data breach after the personal details of the Special Administrative Region (SAR)’s 3.7 million voters were stolen on two laptops. The details are said to have included ID card numbers, addresses and mobile phone numbers. They were stored on two laptops in a locked room at the AsiaWorld-Expo conference center near ... Read More »

BIIA Chairman David Worlock writes about “The Brexit Upside”

David Worlock is Chairman of BIIA and thus we follow closely his blogs.  With Brexit underway we found his recent discussion concerning Copy Right and Data Protection and Privacy in a post Brexit regulatory scenario highly relevant.  Here is what David Worlock wrote: “With friends and colleagues in the industry I have been looking at formulating a debate to be ... Read More »

Australia Adopts Law on Mandatory Data Breach Notification

The Privacy Amendment (Notifiable Data Breaches) Bill 2016 passed both Houses of Parliament on 13 February. Unless the Government fixes a date for commencement by Proclamation, the law will enter into force 12 months from the date the Bill receives Royal Assent.  The following is the official statement from Australian Privacy and Information Commissioner, Timothy Pilgrim: “I welcome the passage ... Read More »

Forrester: Navigating Change: 2017 Predictions

The consequences of today’s customer-led, digital-centric market are becoming clear: great change is upon us (and already happening in some cases). Forrester’s 2017 predictions reveal the big business and leadership, customer experience, and technology changes we anticipate in the coming year — and what to do about them. Business and leadership  The necessary and unavoidable changes to leadership and talent ... Read More »

EU-US Safe Harbor Framework Replaced by EU-US Privacy Shield

The European Commission and the United States have agreed on a new framework for transatlantic data flows: the EU-US Privacy Shield. Today February 2, 2016, the College of Commissioners approved the political agreement reached and has mandated Vice-President Ansip and Commissioner Jourová to prepare the necessary steps to put in place the new arrangement. This new framework will protect the fundamental rights of ... Read More »

Australian Risk Climate: Online Fraud, Broker Channel Fraud and Identity Takeover are Growing Threats

Members of Veda’s Fraud Focus Group heard online credit application fraud had increased 12.6% over the past year and that identity takeover was the fastest growing form of credit application fraud. Veda’s Fraud Focus Group twice a year brings together senior executives from Australia’s big banks, credit unions, card companies, international financial institutions, law enforcement officials and anti-fraud experts to discuss strategies to ... Read More »

Data Breach at Experian Involving US T-Mobile Customers

An Experian network server was accessed by an unauthorized party.  The unauthorized access is an isolated incident over a limited period of time. It included access to a server that contained personal information for consumers who applied for T-Mobile USA postpaid services between Sept. 1, 2013 and Sept. 16, 2015. Experian’s consumer credit database was not accessed, and no other ... Read More »