Macau Daily Times reports: Monetary Authority of Macau (AMCM) will be adopting facial recognition technology for mainland withdrawals made by Visa and Mastercard cardholders at automated teller machines (ATMs) in September, according to a report by Oriental Daily News. Read more on Macau Daily Times. h/t Joe Cadillic
Category: Commentaries and Analyses
FICO reports a 39 Percent Rise in Debit Cards Compromised in US
Pierluigi Paganini reports: According to a report published by the analytic software firm FICO, US Debit Cards compromised raise up to 39% in the first six months of 2017 compared to the same timeframe one year prior. In the same period, FICO reported an increase in the number of ATMs and point-of-sale devices (+21%) in…
CHINA: first 100 days of Cybersecurity Law sees active enforcement and more guidelines, but still uncertainties
Carolyn Bigg of DLA Piper writes: Almost 100 days have passed since the new PRC Cybersecurity Law came into force. While the enforcement environment is becoming clearer – and shows data protection and cyber security in China is a real risk to be taken seriously – most of the new guidelines published to try to…
Some U.K. pharma firms decline to report data breaches, survey
Doug Olenick reports: A survey of more than 400 U.K. IT professionals in the U.K. pharmaceutical business found many do not report data breaches, in many cases because they do not know how. Well, 15% is not what I’d summarize as “in many cases.” The real headline is that almost 1 in 4 willfully do…
FTC Settles GLBA Enforcement Action Against TaxSlayer Stemming From 2015 Data Breach
We haven’t seen many data security enforcement actions under the Gramm-Leach-Bliley Act (GLBA) Safeguards Rule, but a recent case is a good opportunity to remind entities that they may be covered by it even if they didn’t know it. Edward McAndrew, Kim Phan, and Zaven Sargsian of Ballard Spahr write: The Federal Trade Commission (FTC)…
AU: Medicare data breach: government response ‘contemptible’, says former AFP officer
Melissa Davey reports: The federal government’s response to a Medicare data breach that led to patient details being sold on the dark web was “disappointing, confusing and often contemptible,” according to a former detective who headed the Australian federal police’s investigations into high-tech crime. Nigel Phair, now an adjunct professor at the University of Canberra’s…