Following the implementation of the European Union’s General Data Protection Regulation (GDPR) earlier this year, privacy and security regulations are taking the worldby storm. The California Consumer Privacy Act, petitioned and signed June 2018, will be put into effect on January 1, 2020. Despite its smaller geographical scope, the law will have significant effec
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) offers a messaging service which allows financial institutions around the world to send and receive information and instructions about financial transactions securely.
Over the years, financial institutions have faced threats to security. In 2016, for instan
The European Union’s General Data Protection Regulation’s (GDPR) came into effect on 25 May 2018. The GDPR law has triggered several immediate changes. The new regulation safeguards security and privacy rights for users. GDPR has forced companies to change their practices on data gathering and processing in many ways.
Application security needs more attention as there is an increasing usage of applicationson smart devices. While security has seen improvements over the years, applications still have vulnerabilities that can expose them to spyware, keyloggers, viruses, worms, and other harmful scripts.
The problem comes from application-layer di
Conducting business online opens several opportunities but also poses risks. Earlier this year, hundreds of companies had data breaches, exposing sensitive information of clients and employees.
Klook, a phone application that does millions of bookings every month, announced on the 29th of June that around 8% of their users’ inf