IT

DOJ: Plaid data would jeopardise Visa monopoly

The US Department of Justice’s lawsuit against Visa’s $5.3 billion acquisition of Plaid claims the deal is designed to end the competitive threat posed by the smaller company’s financial data network.

06 November 2020

Q3 in data: advertising continues to drive covid-19 rebound

The world’s largest technology and cloud computing companies posted strong growth in the third quarter of 2020, with much of the growth attributed to a boost in targeted advertising.

30 October 2020

Former Google CEO criticises Trump’s anti-TikTok crusade

Eric Schmidt has said the Trump Administration’s TikTok prohibitions and other restrictions on Chinese technology will harm the development of US AI capabilities.

23 September 2020

Appeals court dismisses trucking company’s hacking lawsuit

A US appeals court has rejected a trucking company’s lawsuit against two former employees who allegedly stole proprietary sales data, ruling that the defendants didn’t violate the federal Computer Fraud and Abuse Act as they were authorised to access the information.

15 September 2020

Survey: Latin American companies skimping on cybersecurity

A survey of Latin American in-house lawyers carried out by GDR sister publication the Latin American Corporate Counsel Association (LACCA) has found a large discrepancy between what in-house departments spend on technology and the amount they dedicate to cybersecurity.

09 September 2020

One firm to rule them all: Palantir’s plan to go public

Regulatory files tied to Palantir Technologies’ planned public share offering reveal the company’s ambitions to become the US government’s sole data analytics provider.

28 August 2020

IBM: Remote working increases average cost of a data breach

An IBM study has found that the cost of a data breach slightly declined over the last year, but suggested that the increased prevalence of remote working due to the covid-19 pandemic will increase costs in future.

17 August 2020

Capital One data breach fine signals cloud scrutiny

A US banking regulator has fined Capital One $80 million over problems with its cloud computing security processes that led to a massive data breach.

07 August 2020

US corporation sues Angola for state-sponsored hack

Nevada-based Africa Growth Corporation has accused Angola’s government of stealing attorney-client communications from servers in the US – ultimately leading to the country abandoning a $47.5 million settlement in a separate dispute.

28 July 2020

New York regulator files first cybersecurity charges

The New York State Department of Financial Services has charged a Nebraska-based title insurance company for failing to shut down a five-year IT vulnerability, which the regulator says led to millions of internal records being exposed to anyone with a web browser.

24 July 2020

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