European Central Bank Shuts Down ‘BIRD Portal’ After Getting Hacked

The European Central Bank (ECB) confirmed Thursday that it had been hit by a cyberattack that involved attackers injecting malware into one of its websites and potentially stealing contact information of its newsletter subscribers.

Headquartered in Ge… Continue reading European Central Bank Shuts Down ‘BIRD Portal’ After Getting Hacked

Data Erasure & The Right to be Forgotten

The ‘right to be forgotten’ is a legal concept that is fast evolving in the European Union (EU) that could eventually find its way to the US federal law according to data privacy experts. With the amount of personal information flowing arou… Continue reading Data Erasure & The Right to be Forgotten

When it comes to cybersecurity, the federal government is nowhere to be found

To no one’s surprise, lots of big challenges chronically plague the cybersecurity world. But the biggest headache of all may be the relative inaction of the federal government, which unlike some other advanced nations simply isn’t doing its part. For years, the U.S. has been periodically promulgating feckless mandates, including some issues from the White House, that accomplish virtually nothing. The half-hearted attempts at actionable measures contribute to weaknesses and help open the door to breaches. Consider, for example, just a few instances: Last month, tens of thousands of images of travelers and license plates stored by the Customs and Border Protection agency were stolen in a digital breach. A federal contractor had transferred copies of the images to its network in violation of the contract. Then the subcontractor’s network was hacked – likely by a foreign government interested in tracking Americans or in the agency’s procedures. Tensions between the […]

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The startups creating the future of RegTech and financial services

Technology has been used to manage regulatory risk since the advent of the ledger book (or the Bloomberg terminal, depending on your reference point). However, the cost-consciousness internalized… Continue reading The startups creating the future of RegTech and financial services

Electric Cars Sound Off, Starting July 1st

By and large, automakers have spent much of the last century trying to make cars quieter and more comfortable. Noise from vehicles can be disruptive and just generally annoying, so it makes sense to minimise it where possible.

However, the noise from the average motor vehicle can serve a useful …read more

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Yammer Supports EU Data Residency with No External Collaboration

Viewing the Yammer network location
Viewing the Yammer network location

Microsoft says that new Yammer networks can have their messages stored in the European Union instead of the U.S. That sounds good, until you understand the downside that Yammer loses a lot of its external collaboration capabilities. Given this, it’s likely that some existing EU-based Office 365 tenants who use Yammer will be happy to have their messages stay in the U.S.

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Dawn of the noisy electric car: EU laws requiring audible warning sounds take effect July 1

From July 1, any electric vehicle with four or more wheels that wants to be approved for road use in the European Union is going to have to have an “Acoustic Vehicle Alert System,” or AVAS, fitted, making a continuous noise of at least 56 dec… Continue reading Dawn of the noisy electric car: EU laws requiring audible warning sounds take effect July 1

Political parties are still struggling with cybersecurity basics

Political parties in Europe and the U.S. have cybersecurity practices that fail to meet basic standards, leaving them vulnerable to hackers and foreign influence operations with elections rapidly approaching, according to security researchers. An assessment of 29 political parties in 11 countries released Tuesday by SecurityScorecard found that a party in France relies on end-of-life technology that has not had a security update in four to five months, for example. There also is a strain of malicious software emanating from an IP address assigned to an economic subcommittee of the European Union in Brussels right now, SecurityScorecard’s Director of Threat Intelligence, Paul Gagliardi, tells CyberScoop. And while American political parties tend to fare better than European political parties, according to the report, the Democratic National Committee and the Republican National Committee still have weak spots. Malware in the EU The details of the report arrive just as the European Parliament elections kick off Thursday. The malware SecurityScorecard […]

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Report: Russia is using social media to influence European Parliamentary elections

A new report is out claiming that Russian bad actors are increasingly pouring misinformation through social media channels with a clear goal to influence the upcoming European Parliamentary elections. Bad actors are reportedly amplifying their efforts … Continue reading Report: Russia is using social media to influence European Parliamentary elections