European Commission launches EU-U.S. Privacy Shield: Stronger Protection for Transatlantic Data Flows

Today the European Commission adopted the EU-U.S. Privacy Shield. This new framework protects the fundamental rights of anyone in the EU whose personal data is transferred to the United States as well as bringing legal clarity for businesses relying on transatlantic data transfers. Andrus Ansip, Commission Vice-President for the Digital Single Market, said: “We have approved…

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Swift Hires Cybersecurity Firms Following Customer Breaches

Swift, operator of the world’s largest money-transfer system, said it has hired a pair of information-security firms to help it scrutinize customers’ use of its systems and detect attempted hacks, following a series of breaches at user sites in recent months. The Brussels company, whose full name is the Society for Worldwide Interbank Financial Telecommunication, has been…

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Cyber Warfare Episode Plays Out in Court Case

Two-Year Legal Saga Of Chinese Cyber Hack Of U.S. Military Aircraft May Be Ending. On 28 June 2014, a Chinese businessman based in Canada was arrested on the charge of stealing information about a raft of U.S. military aircraft and weapon systems. This particular case of industrial espionage was described by the U.S. Justice Department…

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