Fraudulent transactions increased with 680% from 2015

The risk intelligence team at RSA Security has released a report stating that the proportion of fraudolent transactions realized through mobile apps has jumped from 5% in 2015 to 39% in 2018, increasing 63% in the past year. Worryingly, the report also states that the growth rate of fraudulent transactions has reached 680%.

The report is available here

UK welcomes new Data Protection Act

The UK Information Commissioner, Elizabeth Dehnam, has welcomed the new Data Protection Act. The document updates the previous framework, ensuring the UK's compliance with the GDPR. The Act is not limited to implementing the EU provisions, such as the EU Law Enforcement Directive, but also extends the domestic data protection law to areas not even covered by the GDPR.

Find the news published by the ICO here

ENISA, EDA, Europol and CERT-EU united against cybercrime

Today the European Union Agency for Network and Information Security (ENISA), the European Defence Agency (EDA), Europol and the Computer Emergency Response Team for the EU Institutions, Agencies and Bodies (CERT-EU) have endorsed a Memorandum of Understanding (MoU) that sets out their future cooperation. The MoU aims to strengthen the synergies between the organ-isations in order to enhance the fight against cybercrimes. It is not only focused on information exchange, but more education and training, cyber exercises and technical and strategic cooperation.

Find the press release here

Information security professionals have faith in the GDPR

According to the latest report from AlienVault, 61% of the 760 infosec professionals surveyed be-lieve that the GDPR will effectively improve citizens' protection of data. Also, 75% of these profes-sionals has claimed its favor on the application of additional regulations for social media platforms in consideration of the Facebook scandal.

The report is available here

Google faces a £3.2bn lawsuit for Iphone's tracking in US

A group called Google You Owe Us is seeking a £3.2bn lawsuit against Google as compensation for having unlawfully tracked 4.4 million UK iPhones. This is the first mass legal action on this matter that the UK faces. The group wants it to be a warning for all the tech giants breaking the law.

The group’s website is available here