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The ICO has fined British Airways £20 million for breach of the GDPR in relation to its 2018 data breach. This is a significant reduction in the original proposed fine of £183 million. In the monetary penalty notice issued to British Airways, the ICO has confirmed that the reduction of almost 90% was only … Read more
Financial Services Regulators are expecting firms to prevent, respond to, recover and learn from operational disruption. As Christine Lagarde, President of the European Central Bank, has warned, a combined cyber attack on important banks could trigger financial instability. Read more
The Cyberspace Administration of China (CAC) and eleven other ministries jointly published the Cybersecurity Review Measures (Review Measures) on 13 April 2020. These replace the previous regulations on the security review of network products and services (click here for our comments on the previous regulations) and impose more stringent scrutiny over the cyber supply chain of critical information infrastructure … Read more
In this bulletin we summarise recent updates relating to cybersecurity and data protection in China to keep you updated on developments. We focus on four areas: regulatory developments, enforcement developments, industry developments and international developments. For further detail, please see our update here. Read more
Cryptocurrency exchanges are a significant target for hackers, and there are numerous well-documented examples of significant amounts of cryptocurrency being taken in attacks. This frequently gives rise to issues of liability and recovery for the individuals who were holding their cryptocurrency with the exchange in question, and the precise basis on which the exchange is … Read more
In this bulletin we summarise recent updates relating to cybersecurity and data protection in China to keep you updated on developments. We focus on four areas: regulatory developments, enforcement developments, industry developments and international developments. For further detail, please see our update here. Read more
An increasing number of malicious cyber actors are exploiting the current coronavirus disease 2019 (“COVID-19“) pandemic for their own purposes. In the UK, the National Cyber Security Centre (“NCSC“) has detected more UK government branded scams relating to COVID-19 than any other subject. Meanwhile, across the Atlantic, both the United States Department of Homeland Security … Read more
Today the Supreme Court handed down its decision in Wm Morrisons Supermarkets Plc v Various Claimants [2020] UKSC 12, bringing to its conclusion a case which had the potential to alter significantly the data protection and cyber security litigation and class action landscape. The headline news is that Morrisons has been found not to be vicariously liable for the … Read more
The Cyber Security Breaches Survey (“CSBS”) is an annual study of UK businesses and charities that began in 2015. The latest CSBS was conducted during the winter of 2019/2020 and the results published on 25 March 2020. The CSBS influences how the government shapes future policy, allows organisations to compare their cyber security with others … Read more
