Financial Services Authority fines London Stockbrokers £77,000 for Breach of Data Security
The stock broking firm in question, Merchant Securities, had inadequate procedures for verifying the identity of customers contacting them by telephone and after investigation it was discovered that personal data was stored in an unencrypted fashion overnight at the home of a member of staff.
While apparently no personal data was lost or stolen the FSA took the view that individuals have a right to expect their data to be kept secure and that no such procedures were in place in accordance with both FSA Guidance and the Data Protection Act 1998.
(Mod)Chips back on the menu?
On 19 October 2007 Neil Stanley Higgs aka "Mr Modchips" became only the second person in the UK to be convicted of developing and selling illegal technology that enables game console users to play pirate CDs and DVDs. On 24 June 2008 he relinquished that status when the Court of Appeal quashed his convictions under s 296ZB of the Copyright, Designs and Patent Act 1988. Lord Justice Jacob, giving the lead judgment, nevertheless made it clear that Mr Higgs was a fortunate man and his reprieve should not be seen as a green light for pirated games. Read more.
Government announces new measures to curb computer-generated images of child sexual abuse
The possession of drawings or computer-generated images of child sexual abuse is to be made illegal following new Government proposals. Parliamentary under Secretary of State for Justice Maria Eagle stated that the new measures would "help close a loophole that we believe paedophiles are using to create images of child sexual abuse." Read more.
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