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The new ‘Online Harms’ whitepaper marks a world first as the UK government plans to introduce regulation to hold social media and other tech companies to account for the nature of the content they display, backed by the policing power of an independent regulator and the threat of fines or a ban. Duty of Care…
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Banks and financial institutions are experimenting with AI technology to tackle the multi-trillion-pound problem of money laundering, thereby hitting the traditional funding sources of major criminal gangs. Money Laundering Money laundering is the process of concealing the origins of illegally obtained money by passing it through legitimate business or a sequence of banking transfers. According to…
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Next week will see the introduction of automatic compensation, without having to ask, for customers of BT, Sky, TalkTalk, Virgin Media and Zen Internet who experience delayed repairs, installations or missed engineer appointments. More To Follow PlusNet has also committed to the scheme but hasn’t provided a timescale while Hyperopic and Vodafone will begin automatic…
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A Freedom of Information request has revealed that with a little under a week to go to the deadline for registration, more than 1 million UK VAT-Registered Companies have still not signed up to HMRC’s Making Tax Digital (MTD) programme. MTD HMRC’s MTD was announced back in 2015 and requires VAT registered UK companies to keep…
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The European Parliament has given its backing to new copyright rules, including the controversial Article 13, (opposed by many big tech companies) which could now change the way that Europe’s creative and digital industries work. European Parliament Vote The new copyright rules are encapsulated in the EU Copyright Directive which, having gone through many revisions…
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The recent £35 billion takeover of Worldpay by US company FIS has boosted the share value of other European payments technology companies including Worldline, Ingenico and Wirecard. Worldpay Worldpay, formerly known as Streamline, was set up as a subsidiary of NatWest bank back in 1989. It was then bought by RBS in 2002 and re-christened…
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An FoI request to the Information Commissioner’s Office (ICO) has revealed cause for concern over whether businesses on the run up to the implementation of GDPR were preventing, detecting and responding to security threats and breaches in a good and compliant way. Delay In Identifying and Reporting An FoI request to the ICO by threat…
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Two government departments and a Kent-based Brexit planning group are reported to have given local councils advice on how to avoid releasing information about the no-deal Brexit plans, prompting UK. Gov and the ICO to intervene. What Happened? Kent Online reported that at the end of January, a leaked report showed that local councils were…
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A millionaire barrister who raised crowdfunding money to fight ride-sharing company Uber in court over a £1.06 VAT receipt has lost attempts to limit his court costs liability and could face a £1 Million legal bill. What Happened? The initial reason given for tax lawyer Jolyon Maugham QC bringing the case against Uber was that…
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Research by Security Company Symantec has revealed that high profile companies such as BA and Ticketmaster are among the many thousands of businesses whose websites are being targeted with “form-jacking” attacks every month. What Is Form-Jacking? Form-jacking involves inserting a small amount of malicious JavaScript code into the checkout web pages of e-commerce sites, thereby…
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