A library of snippets
As Rick Huckstep pointed out on LinkedIn, the new law means that citizens’ data will be accessible to Chinese law enforcement but not to foreign law enforcements “without going through an onerous approvals process”.
The new law requires that all data, including user data, broadly defined as “critical information” is to be stored in China.
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BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial services products, today announced that Ellen-Blair Chube has joined its Board of Directors. Ms. Chube replaces the Honorable J. Christopher Giancarlo
From BlockFi Welcomes Ellen-Blair Chube to Board of Directors.
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Bank account and loan fraud has soared in the UK during the pandemic as criminals sought to target British businesses and consumers in the lockdown and exploit government support schemes.
Loan fraud rates rose 40 per cent in the second quarter, according to Experian, their highest level in the past three years. This was almost two-thirds higher than the same period last year.
First-party fraud related to loans — when customers apply with no intention of paying or for more favourable terms using false details — rose almost a fifth.
From UK bank account and loan fraud soars in pandemic | Financial Times.
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adult entertainment offers a telling view of that digital disruption.
From OnlyFans shows how the creator economy is shaping media | Financial Times:
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From there, users can present identification to the TSA by tapping their iPhone or Apple Watch at the identity reader. Apple says users need to submit Face ID or Touch ID on their devices to share their identification as a security measure so that “only the person who added the driver’s license or state ID to the device can present it.”
From If You Live Here, You Can Soon Add ID to Your iPhone or Apple Watch:
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The company on Wednesday announced the first eight states where residents will be able to add their driver’s license or state ID to Wallet on their iPhone or Apple Watch.
Arizona and Georgia will kick off the rollout, followed by Connecticut, Iowa, Kentucky, Maryland, Oklahoma, and Utah.
“The addition of driver’s licenses and state IDs to Apple Wallet is an important step in our vision of replacing the physical wallet with a secure and easy-to-use mobile wallet,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet, in the release.
From If You Live Here, You Can Soon Add ID to Your iPhone or Apple Watch:
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Venezuelan authorities are on the lookout for a scammer accused of disappearing with 23.66 Bitcoin (BTC) worth $1.15 million from his clients’ accounts after faking his own kidnapping.
From 23yo Venezuelan allegedly steals $1M in BTC from clients after faked abduction.
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In practice, the UK’s plans to fix GDPR – which currently are extremely high-level and vague – could put it on a collision course with the European Union.
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The decision to diverge from European standards is unsurprising, one European insider told WIRED, given the broader sweep of geopolitics in post-Brexit Britain, and smaller clues such as the use of “personally identifiable information” (a US term) rather than “personal data” (a European one) in official documents.
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Three former high-level Wells Fargo executives who face the possibility of massive financial penalties in connection with the bank’s unauthorized-accounts scandal are scheduled to go on trial this month.
From Former Wells Fargo execs, OCC set to square off at fake-accounts trial | American Banker:
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