Monday, 12 December 2011
EU Plans to Amend Data Breach Laws
Reports that the European Commission is planning a number of changes to its pan-European data breach legislation, including reporting a breach within 24 hours of its discovery - and if the rumours in the Financial Times and other media outlets are correct - dramatically increasing the penalties for data losses.
According to Grant Taylor, vice president of Cryptzone, the imposition of a 24-hour rule is something of a game changer, as it will significantly raise the bar on data security within the EU membership area, making the subject a boardroom agenda item for many more companies.
Grant Taylor went on to say that rumours are also appearing in the press that the EU is looking to increase the maximum penalty for a data beach to five per cent of the organisation's annual turnover.
Six arrested in Million Pound Phishing Scam
Officers from the Metropolitan Police Service's (MPS) Police Central e-Crime Unit (PCeU) arrested six people in connection with an investigation into a sophisticated phishing scam that targeted hundreds of UK students; using their compromised data to steal in excess of GBP1 million-pounds.
PCeU investigators were alerted to the scam in August 2011, and discovered that a criminal network were targeting students through Government loan schemes by sending out emails inviting unsuspecting individuals to update details on their student loan account via a link to a convincing but bogus website.
Once these sites were accessed by unsuspecting individuals, the suspects were able to gain unauthorised access to their bank accounts and extract large amounts of money ranging from 1000-pounds to 5000-pounds at a time.
Detective Inspector Mark Raymond from the PCeU said "A great deal of personal information was compromised and cleverly exploited for substantial profits. We have disrupted a suspected organised group of cyber criminals and prevented further loss to individuals and institutions in the UK.
SMARTRAC Restarts Production in Thailand
SMARTRAC N.V. announces that the company has restarted production in Thailand two months after the company had been forced to cease manufacturing at its five production facilities in Ayutthaya due to the severe flood disaster in Thailand.
The company said that the earlier than expected restart date is a result of the positive progress of the draining and cleaning work, the relentless effort of the local team, and the excellent dependability of suppliers and business partners.
SMARTRAC is also confident that total production capacity of the Group will be re-established in the course of January 2012.
German Court Rules in Favour of Motorola in Apple Litigation
Motorola Mobility Holdings, Inc. has announced that the court in Manheim, Germany (the "Court") has ruled that Apple's European sales company, Ireland-based Apple Sales International, is infringing one of Motorola Mobility's core cellular communications patents related to data packet transfer technology (GPRS) through its sales of the iPhone and iPad devices. The Court granted Motorola Mobility's requests for an injunction and damages.
"We are pleased with the court's ruling. Today's decision validates Motorola Mobility's efforts to enforce its patents against Apple's infringement," said Scott Offer, senior vice president and general counsel of Motorola Mobility. "Motorola Mobility has worked hard over the years to build an industry-leading intellectual property portfolio that is respected by the telecommunications industry, and we are proud to leverage this portfolio to create differentiated innovations that enhance the user experience. We will continue to take all necessary steps to protect our intellectual property, as the Company's patent portfolio and licensing agreements with companies both in the U.S. and around the world are critical to our business. We have been negotiating with Apple and offering them reasonable licensing terms and conditions since 2007, and will continue our efforts to resolve our global patent dispute as soon as practicable."
Collis becomes Member of Mobey Forum
Collis is very pleased to announce their membership of the financial industry body Mobey Forum.
Mobey Forum is a global non-profit organisation that defines a sustainable and prosperous mobile financial services ecosystem. Membership of the forum fits Collis like a glove, as Collis puts strong focus on the development of mobile payment technology.
Collis joins Mobey Forum as an associate member, which enables the company to contribute actively towards shaping the industry and creating a common understanding of business opportunities, trends and challenges of various mobile financial services areas. Collis' membership will enable the company to actively contribute towards making in-depth analysis on selected content areas, targeting to solve the remaining barriers for creation of successful mobile financial services.
Sirpa Nordlund, Executive Director at Mobey Forum, said: "We are delighted that Collis has decided to join Mobey Forum, as they are taking the lead in bringing the mobile and financial world together. It clearly demonstrates the company's commitment to the development and promotion of enabling mobile payments in the future."
HP to Contribute webOS to Open Source
HP announced it will contribute the webOS software to the open source community.
HP plans to continue to be active in the development and support of webOS. By combining the innovative webOS platform with the development power of the open source community, there is the opportunity to significantly improve applications and web services for the next generation of devices.
"webOS is the only platform designed from the ground up to be mobile, cloud-connected and scalable," said Meg Whitman, HP president and chief executive officer. "By contributing this innovation, HP unleashes the creativity of the open source community to advance a new generation of applications and devices."
HP also will contribute ENYO, the application framework for webOS, to the community in the near future along with a plan for the remaining components of the user space.
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