Only 5 Percent of EU Companies Believe They are Compliant with GDPR , Survey Finds

27 Percent Not Confident They Will Meet Deadline

LONDON, UK – October 18, 2017  Alert Logic, the leading provider of Security-as-a-Service solutions for the cloud, today announced the results of a survey conducted with over 200 European based companies. The survey results show that while most of the surveyed companies (77 percent) are familiar with the EU General Data Protection Regulation (GDPR), only 5 percent believe they are compliant with all applicable requirements less than a year before the regulation goes into effect. A further 27 percent were not confident they will be ready by the time GDPR is enforceable in May 2018.

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30 million South Africans exposed after massive data breach

It has been uncovered that a data breach has potentially affected millions of South Africans after being discovered by security researcher Troy Hunt. The huge trove of data, which includes property ownership, employment history, income and company directorships is thought to have contained more than 30m unique South African ID numbers.

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British intelligence agencies may have been collecting and sharing your social media data

It has been reported that British intelligence agency Government Communications Headquarters (GCHQ) may have been collecting personal social media data of people as part of their mass surveillance efforts. According to an Engadget report, the GCHQ has been collecting such information over years, even decades, and has been sharing this information with foreign intelligence and other law enforcement agencies. The Investigatory Powers Commissioner’s Office (IPCO), the body that oversees the activities of the GCHQ, has also been reportedly left out of the loop with regards to this.

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Commenting on this is Lee Munson, Security Researcher at 

“If GCHQ has collected a massive amount of information on every man, woman and child in the United Kingdom I do not think anyone can really be surprised.

After all, we have known for many years that former Home Secretary, and now Prime Minister, Teresa May was keen for the security services to have access to as much data as possible, via the Investigatory Powers Act 2016.

The fact that the legislation explicitly mentions bulk communications data acquisition would, I suspect, make any collection of social media, financial or health data at this time quite legal, even without any kind of court warrant being required.

Of course, the legality of any such bulk data swipes prior to 2016 are questionable, as is the collection of information from private databases, if true, but the fact remains that GCHQ almost certainly has far more information at its finger tips than many people realise.

Much of that information can be controlled though. Social networking sites, especially, are a goldmine for any individual or organisation with time or automated tools on their hands as the vast majority of people who frequent them do not stop to think what they are posting.

Thus, the moral of this story is for people to think twice about the information they share willingly with their actual or virtual friends online because, one day, whether or not they have something to hide will be irrelevant as they will have voluntarily given up all of their privacy rights anyway”

“Tesla On Two Wheels” Becomes A Reality, Put Gas Mopeds Out Of Business – Bolt Raises €3mn In Crowdfund Campaign

  • Dubbed the ‘Tesla on two wheels’, Bolt’s electric scooters aims to fully replace petrol scooters which are thousands of times more polluting than a small van
  • Bolt closes oversubscribed equity crowdfunding round today with a view to get its “design your own” scooters to market in 2018

London, 18 October 2017: Bolt Mobility, the ‘Tesla on two wheels’, has today closed it’s oversubscribed (by over 200%) fundraising campaign, which raised over €3 million on equity crowdfunding platform, Seedrs. The European startup is on a mission to take petrol-guzzling, environmentally harmful scooters off the road, permanently.

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Adobe Flash vulnerability exposed

Security researchers have discovered a new Adobe Flash vulnerability that has already been exploited by hackers to deploy the latest version of FinSpy malware on targets. Kaspersky Lab researchers said a hacker group called BlackOasis has already taken advantage of the zero-day exploit – CVE-2017-11292 – to deliver its malicious payload via a Microsoft Word document.

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