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The Information Commissioners Office (ICO) has hit credit agency Equifax with a £500,000 fine for not protecting the personal data of 15 million UK customers.
Many businesses are disclosing minor personal data breaches to the UK's data protection watchdog, wrongly believing that they have to report those incidents under the General Data Protection Regulation (GDPR), the watchdog has said.
FCA admits it will be unable to manage financial crime effectively if it cannot share data with EU authorities.
According to the airline, both personal information, including passenger names and home addresses, as well as financial information, including credit card numbers, expiry dates and CVV codes, have been compromised.
British Airways has been praised for its swift response to a customer data breach, which could be the first test case under the EU’s GDPR and new UK GDPR-aligned data protection laws
Financial services firms can hedge the risks of significant data breach claims being raised against them under the GDPR by investing in staff training and avoiding pitfalls highlighted by a major regulator
British Airways has apologised after admitting that 100,000s of customers' payment details have been stolen over a period of 15 days in a massive data breach.
British Airways boss has apologised for what he says was a sophisticated breach of the firm's security systems, and has promised compensation.
Many UK firms are not insured against information security breaches and data loss, and would have to spend £1m on average to recover from a breach
The number of data protection complaints received by the UK's data protection watchdog has doubled since the General Data Protection Regulation (GDPR) took effect.
Midlands Fraud Forum Ltd. Reg.No: 06436330 Copyright © March 2014