Facebook Knows Who You Are. Even if You Don't Have a Profile. Really.

Posted by James on 7/10/19 11:30 AM

In April of this year Mark Zuckerberg, CEO of Facebook, had some special airtime with the United States Congress. This two-day questioning period revealed a lot about both sides of the table. 1) Some members of Congress don’t have a great understanding of social networks, and 2) There is a lot more that Facebook knows about people than most of its 1 B + users realize.

Read More

Topics: Data ownership, Cybersecurity

Why Don't Companies Invest in CyberSecurity?

Posted by James on 7/3/19 10:04 AM

Hacks and breaches of IT systems in companies of various sizes have been increasing in prevalence over the last few years. With so much negative press, so many people being affected, and lives being destroyed, you’d think that more effort would be put into making sure hacks like these don’t happen. It turns out there’s pretty good reason why it doesn’t seem much is being done about them, but that doesn’t mean things shouldn’t change. With the cost of preventing a breach being higher than the cost of the breach itself, there’s currently little reason from a company’s standpoint to make any changes to their cybersecurity.

Read More

Topics: Fraud prevention, gdpr, FinTech, Cybersecurity

Why Do Companies Wait so Long to Disclose Hacks of Customer Data?

Posted by James on 6/26/19 1:24 PM

Why are we hearing of hacks taking years to be disclosed?

Read More

Topics: FinTech, hacks, Cybersecurity

What Kind of Information Does Twitter Have About You?

Posted by James on 6/26/19 5:19 AM

While not the worst, Twitter is not the most innocent, either.

Read More

Topics: gdpr, Data ownership, Digital identity, FinTech, hacks, Cybersecurity

The Hard Reality: Google Knows You Better Than You Know Yourself.

Posted by James on 6/19/19 11:44 AM

Remember that time when you thought about taking a cruise and you saw an ad for cruises on a website a few hours ago? We've all heard the anecdotal evidence, but what does Google actually have on us?

Read More

What does Facebook Know About You? Besides Everything.

Posted by James on 6/12/19 11:15 AM

Big brother is watching you. This scary motto of George Orwell’s novel still disturbs the minds of our contemporaries, although it’s been almost 70 years since the book was published. And there’s a good reason behind the strong emotions caused by the story as nowadays it’s as close as ever to the reality and your favorite social media has made a huge contribution to that.

 

Facebook knows everything about you

 

Unlike Orwell’s vision, the reality proved to be much simpler. There are no cameras installed in every corner to spy on you. In the era of total globalization and tons of convenient services available on the web, we provide these services with our private information ourselves.

Read More

Topics: gdpr, hacks, Cybersecurity

Facebook Doesn't Seem to do Much to Earn our Trust

Posted by James on 5/8/19 10:40 AM

One of our favorite social media giants with whom we seem to have a love-hate relationship is back in the news as they are on the receiving end of a lawsuit by the attorney general from Washington, D.C. It seems as if they are always in and out of the public eye with some scandal or another. While they are holding true to their goal of connecting people, sometimes they do it a little too well—and at what expense? It’s becoming a little too common that they don’t quite have honesty as a top priority in terms of communicating and upholding the privacy policy governing their users’ personal data. Is their mantra not actually build community and bring the world closer together? Maybe it’s profit over privacy. This has gone so overboard it may be time for a breakup.

Read More

Topics: gdpr, Data ownership, Cybersecurity

The Marriott Hack: Looking Back

Posted by Kelvin Chandran on 4/17/19 4:38 AM

Hacks seem to be showing up in the news right and left. A hack is an intentional attack on a system to get access to private information that the attackers are not supposed to have access to. They can be carried out by a single person or a group of people. Some hacks require skill, and some not so much. The best route of action for cyber-attackers, though, is looking for weaknesses in systems so they can be exploited—a weakness resulting from human negligence. It’s information that is left unsecured enabling third parties to see it if they wanted to. What kind of data a hacker wants and what he or she wants to do with it will generally define who their lucky victim is going to be.

Read More

Topics: News, Blockchain technology, Fraud prevention, gdpr

Who Needs to Abide By AML/CFT Regulations in New Zealand?

Posted by Kelvin Chandran on 3/20/19 11:58 AM

Anti-money laundering (AML) regulations have played an important role in shaping the continued development of the international financial system in past decades. In recent years, the types of businesses that need to comply with these regulations have been expanding as governments aim to better prevent financial crimes.

Read More

Topics: AML, CFT, New Zealand

AML Obligations and FATF– What You Should Be Doing to Reduce Fraud

Posted by Kelvin Chandran on 3/13/19 3:13 PM

When considering the various regulations surrounding cryptocurrency, it’s sometime difficult for organisations and individuals to keep up. At local, provincial, and national levels, there are all sorts of policies that apply to companies (i.e. crypto projects and crypto exchanges) that are operating in this sector.

Read More

Topics: AML, Fraud prevention, FATF

Recent Posts

Subscribe here