Have you ever played Angry Birds? You would remember… the multi-coloured haze that washes over you and the onset of an obsessive need to dive bomb tyrannical pigs. The addictive app has been downloaded over 200 million times worldwide. But now the company that created the game is being sued along with 36 other games developers by Lodsys.
Lodsys claims that these companies are infringing on patents it owns that cover in-app purchasing methods and more. It’s hoping that it will be awarded royalty payments based on applications sold, which for Angry Birds alone could be a fair chunk of money. Apple asserts that iOS developers for its apps should be covered by Apple’s license to the Lodsys patents. Google, who also runs the app, has not yet commented.
See the full story on moconews.net
We keep reading about it. Another story about a security breach, about a big company being hacked, about personal details stolen or sold and privacy intruded. That’s all we’re hearing on the news today and sorry to go on about it, but it is quickly becoming one of the greatest risks faced by both big and small companies today.
These threats apply especially to financial institutions, where not only are reputations at stake but also where there is a lot of money to be lost. The FSA has been on the case for a while, but in a recent publication entitled “Financial Crime: A guide for firms”, an entire chapter is devoted to the issues surrounding data security simply to make firms more aware of what is good practice and what isn’t. It might seem surprising that companies aren’t better informed considering the recent onslaught of security breaches in the news, but there is more to think about than one might imagine making it difficult, especially for larger companies, to know where they stand.
What’s in this chapter by the FSA? Everything from creating a security strategy across all areas of the business to creating a figurehead who will oversee the implementation of security plans. The chapter also includes guidelines for staff access to information which has become an increasing concern to businesses. It suggests daily monitoring to ensure that staff have a genuine reason for access while also making employees aware of the risks and teaching them ways to prevent them.
Although the chapter does not actually introduce any new regulations, it is a reminder of the care businesses must now take. The FSA has given out hefty fines to several large financial institutions for poor security efforts in the last few years. This combined with the threat of mass media coverage makes taking steps to recognise and cover the risks more important than ever.
See the full story on TaylorWessing.com
The zip code drama is back again, but this time the battle is between retailers and insurers. In California, where earlier this year the Supreme Court ruled that obtaining zip codes from consumers at checkout violated state privacy statutes, two companies are now battling their insurance company, claiming that their policies should cover the defense costs.
Hartford, the insurance company in question, claims that they should not have to pay the claims because the liability policies do not provide coverage for privacy violations. This is an exclusion that was added to many insurance policies in the early 2000s after coverage disputes arose from a U.S. law that bans sending unsolicited advertisements to fax machines. Retailers may argue that they were not using the zip codes to infringe on their customers’ privacy.
If Hartford is forced the pay the claims, the case could set a very expensive precedent for insurance companies in California and beyond, as more and more states follow suit. The case is a perfect example of why clearly worded and up-to-date policies, which take into account evolving technologies and privacy issues, are essential for both insurers and insureds.
See the full story on www.programbusiness.com
Sony, you’re not alone. A recent report by Juniper has revealed the 90% of large enterprises have suffered some kind of data breach in the last year. This is a staggering statistic especially considering an increased amount of money spent on systems security with some companies reporting that a quarter of their budget is spent on security.
Not only have hack attacks become more lucrative, therefore driving up numbers of fraudsters, but hacking methods have become more advanced and unpredicatable. Additionally, more employees are getting more access to sensitive information as offices move almost entirely online.
See the full story on v3.co.uk