Tuesday, 22 January 2019
France Fines Google $57 Million for European Privacy Rule Breach
Google lacked transparency and clarity in the way it informs users about its handling of personal data and failed to properly obtain their consent for personalised ads, says France's data protection watchdog.
Link: TRT World
New Payment Services Laws Passed in Singapore
New payment services laws have been passed by Singapore's parliament in a move that will streamline existing laws while bringing many new fintech providers into the scope of payments regulation for the first time.
Twitter Warns that Private Tweets were Public for Years
Private tweets sent by users of Twitter's Android app could have been exposed publicly for years.
Twitter said it had discovered a security flaw which meant "protected" tweets became public when some changes were made to accounts.
Anyone who updated the email address linked to their account between November 2014 and January 2019 could have had messages exposed, it said.
Exchange Loses Big over Airdrop Miscue
Computer glitches are never fun, but when they result in the loss of money, they can be completely debilitating. Coinnest, a cryptocurrency exchange out of South Korea, has a major nightmare on its hands after a computer error accidentally released a serious amount of crypto through an airdrop to its clients. According to the company, approximately $5.3 million in Bitcoin Core (BTC) and other digital currencies were lost.
Name and Shame Firms with Poor Cyber Security, Government Told
The government should name and shame companies whose cyber security measures fail to protect consumers' data and firms should implement Active Cyber Defence, an academic report urges
Link: Computer Weekly
Sirin Labs Opens First Blockchain Smartphone Store in London
Sirin Labs has opened the first blockchain smartphone store located in London. The intention is to attract crypto enthusiasts passionate for blockchain and decentralized applications (dApps). The information was released a few days ago by Venture Beat. The new blockchain smartphone was priced at $999.
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