The UK’s data protection watchdog has warned it does not have the funding, staff or resources to deal with its greater responsibility under forthcoming EU legal reforms.
UK lobbyists are protesting proposed EU regulations that would force payments firms to report “major” data security incidents within two hours, joining a chorus of industry opposition.
The UK's data regulator has advised companies to invest in privacy to secure a “competitive edge”, ahead of a tempest of legislative reform, the country's exit from the EU and the open banking...
The cross-border transfer of UK data faces an uncertain future due to questions over the legal status of the country after it leaves the EU, according to testimony at a parliamentary committee.
A UK payments industry body has said continued dialogue between the financial sector and European regulators is essential in ensuring stability as Britain leaves the EU.
On December 9, 2016, the Dutch government launched a public consultation on the Implementation Act for the General Data Protection Regulation (Uitvoeringswet Algemene verordening...
The UK government published a cybersecurity regulation and incentives review in December 2016, following the launch of the National Cyber Security Centre, which looks at what the government could...
Financial firms could be caught between competing requirements on data protection and digital defence, experts have warned, as a new EU body considers measures to improve cybersecurity.
Payments businesses will be required to notify authorities within two hours of discovering a data breach, according to new guidelines proposed by the European Banking Authority (EBA).
The Office of the Data Protection Commissioner of Ireland has issued this guidance on the General Data Protection Regulation (GDPR) which will come into force across the European Union on May 25,...
Elizabeth Denham, the UK information commissioner, gave a speech at the National Association of Data Protection and Freedom of Information Officers (NADPO) Annual Conference on November 21, 2016....
UK data protection authorities have said they are “looking into” the banking arm of retail giant Tesco after hackers stole cash from 20,000 of its customers’ current accounts.
The UK government has revealed plans to invest £1.9bn over the next five years in the fight against cybercrime, vowing to improve the resilience of the financial sector and other “critical”...
Too many payments firms are still complacent over incoming EU data protection laws and risk being slapped with eye-watering fines, a global card security watchdog has warned. 
Financial institutions are reacting cautiously to European authorities’ probe into the innovative use of consumer data, backing the trend despite concerns around consumer consent.
Industry insiders have told payments businesses that blockchain technology will not be the remedy to their compliance woes, advising firms to concentrate on more immediate solutions.

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