By
Neil Hodge2024-03-25T13:36:00
The U.K.’s data regulator published guidance setting out how it decides to issue penalties against companies and calculate fines.
Last week, the Information Commissioner’s Office (ICO) issued its updated data protection fining guidance to provide companies with greater transparency and clarity about how and why the regulator would administer penalties for a breach of the U.K. General Data Protection Regulation (GDPR) or Data Protection Act 2018.
The last time the ICO issued details about how it intended to rap companies for data protection and privacy breaches came in November 2018, six months after the European Union’s GDPR came into force.
2025-02-04T15:52:00Z By Neil Hodge
The U.K.’s competition regulator has outlined new plans to regulate Big Tech firms that will enable it to take a much more flexible and proactive approach towards investigations.
2024-08-13T20:35:00Z By Neil Hodge
The U.K. Information Commissioner’s Office proposed a 6.1 million pound (U.S. $7.8 million) fine against Advanced Computer Software Group, an IT contractor for the National Health Service that allegedly failed to secure the data of 83,000 people after a cyberattack.
2024-03-27T13:27:00Z By Neil Hodge
TikTok and X are under investigation related to their respective compliance with the European Union’s Digital Services Act, while the first three companies probed under the Digital Markets Act include Apple, Alphabet, and Meta.
2025-12-11T21:18:00Z By Ruth Prickett
Global organised crime is booming, and only 1 to 2 percent of the $4 trillion black economy is intercepted, according to figures from the Financial Action Task Force. Its new guidance suggests that countries should focus on rapid investigations, collaborative intelligence gathering, and confiscating the proceeds of criminal activity.
2025-12-11T21:14:00Z By Oscar Gonzalez
Paxful, a crypto peer-to-peer network, will plead guilty to multiple federal criminal charges related to violations of the Bank Secrecy Act (BSA), among others. The plea agreement follows years of scrutiny from regulators over anit-money laundering (AML) compliance failures.
2025-12-09T20:40:00Z By Ruth Prickett
A compliance officer is facing charges for laundering $7 million in a complex legal case in Switzerland. Swiss prosecutors have charged Credit Suisse, and one of its former employees, with failing to maintain adequate controls.
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