Facebook could face ICO fine of up to £500,000

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ISSUE DATE: 11 July 2018 TOP STORIES Facebook could face ICO fine of up to £500,000 Facebook could face the maximum fine provided by the UK’s previous data protection laws for lack of transparency and security issues relating to the harvesting of data, the UK’s privacy watchdog has revealed. READ MORE → Hidden costs of data breaches difficult to manage, study finds The full cost of “mega breaches” can be up to £264m, with the average UK data breach costing £2.69m, a study has revealed. READ MORE → Lords urge Brexit negotiators to reach agreement on security Time is running out for the UK and EU to agree on a future security relationship and if negotiators fail to find common ground, all stakeholders stand to lose, warns a Lords’ committee. READ MORE → ADVERTISEMENT

IN DEPTH UK falling behind European competition in efforts to produce powerhouse tech companies Several European-based tech companies are on the way to competing with major US and Chinese counterparts, although the UK is falling behind in this race. READ MORE → Chess grandmaster Garry Kasparov tells Tableau users human intelligence still has role to play Garry Kasparov, a former world chess champion, tells Tableau’s European conference that artificial intelligence is a positive force that will stoke, not choke, human creativity. READ MORE → Carrenza expands public sector footprint with move into Ark Data Centres Carrenza parent Six Degrees hails potential for tighter public sector collaboration with Crown Hosting Services through Ark Data Centres deal. READ MORE → Corporate networks vulnerable to insider attacks, report finds Researchers found that 100% of corporate networks tested in 2017 were vulnerable to insider attacks, with Wi-Fi networks and employees among the top areas of weakness. READ MORE →

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