A US federal judge has ruled that the 29 million Facebook users affected by the September 2018 data breach may not seek damages as a remedy, but can only pursue the enforcement of better security practices at Facebook, according to a report by Reuters. Judge Alsup of the US District Court stated that Facebook’s repetitive losses of users’ privacy indicated a long-term need for supervision, which comes in addition to prior judgment which indicated that Facebook’s views about user’s privacy expectations were “so wrong”.Read More
We live in an era where the adoption and use of Artificial Intelligence (AI) is at the forefront of business advancement and social progression. Facial recognition technology software is used or is being piloted to be used across a variety of government sectors, whilst voice recognition assistants are becoming the norm both in personal and business contexts. However, as we have blogged previously on, the AI ‘bandwagon’ inherently comes with legitimate concerns.
This is no different in the banking world. The use of AI-based phishing detection applications has strengthened cybersecurity safeguards for financial institutions, whilst the use of “Robo-Advisers” and voice and language processors has facilitated efficiency by increasing the pace of transactions and reducing service times. However, this appears to sound too good to be true, as according to a Report by CIO Drive, algorithmic lending models may show an unconscious bias.Read More
By Cameron Abbott and Sarah Goegan
The UK Information Commissioner’s Office (ICO) has issued a notice of intent to levy a £500,000 fine against Facebook for breaches of the UK’s Data Protection Act 1998. The ICO found that Facebook failed to protect its users’ data and be transparent about how that data was being harvested. This failure, ICO said, did not enable users to understand how and why they may be targeted by a political party or campaign.
The fine comes as part of a larger investigation by ICO into misuse of data in political campaigns, and responds to the highly publicised allegations that Cambridge Analytica used data obtained from Facebook to target voters in the 2016 US presidential election.
Last week, the Australian Government announced that it would propose new anti-terror laws that force telecommunications and multinational tech companies to give law enforcement agencies access to encrypted data of suspected criminals and terrorists.
Cyber Security Minister Angus Taylor said the laws would give police, intelligence and security agencies the ability to bypass encryption on messaging (such as private messages sent on Whatsapp and Facebook), phone calls, photos, location and apps.
Last week, California police arrested Joseph James DeAngelo, the man suspected of being the “Golden State Killer” or “East Area Rapist”, a serial killer and rapist who terrorised parts of California in the 1970s and 80s.
Of particular interest is how he came to be arrested, with the help of DNA matched on a genealogy website.
Facebook indicated in a blog post yesterday that information of up to 87 million people – 37 million more than originally revealed – may have been improperly shared with Cambridge Analytica.
Facebook also reported that this may have included data of more than 300,000 Australians. The company’s chief technology officer, Mike Schroepfer, said the company would make major changes to the way third-parties can access data on the platform. He also said users would be informed if their information could have been improperly shared with Cambridge Analytica.
By Cameron Abbott and Olivia Coburn
Equifax has joined Yahoo on the podium for the award no one wants: suffering one of the largest data breaches in history.
Equifax, one of the three largest US credit reporting agencies, announced last week that it suffered a cybersecurity incident potentially impacting 143 million US consumers – a figure comprising of roughly 55 per cent of Americans aged 18 years or older. Some UK and Canadian residents are also affected.