Privacy Advocates Say Gov’t Failing to Protect Student Data
Read the article here.
Poor Disclosures Cost Banks $25B in 2012
John Byrne, chief executive of Corlytics, said client reporting failures were the source of substantial fines for banks in a wide variety of cases, including misleading customers about investments and not communicating clearly enough with borrowers. “It can involve any aspect of client disadvantage or loss due to inaccurate or misleading reports or communication,” he…
Ashley Madison Hack Exposes (Wait for It) a Lousy Business | WIRED
Ashley Madison Hack Exposes (Wait for It) a Lousy Business | WIRED.
Halt Lifting After United Flights Grounded Due to Computer Issue – WSJ
Halt Lifting After United Flights Grounded Due to Computer Issue – WSJ. Hmmm . . . Did this, turn into this? Probably not. More likely this is a continuation of IT issues plaguing the airline since the merger and its rolling out a new ticketing system. That said, I’m flying on United tomorrow (I’m a…
Bank of England Speech on Cyber Security
.Andrew Gracie, Executive Director, Resolution, Bank of England, gave a speech last week on Cyber Security. You can find it here. You can find a summary of the speech here.
What Air Crash Investigations Didn’t Tell You About QF32 (Airbus A380) | Tony J. Hughes | LinkedIn
What Air Crash Investigations Didn’t Tell You About QF32 (Airbus A380) | Tony J. Hughes | LinkedIn.
Whether Working or Job Seeking, the Algorithm Is Watching – NYTimes.com
“Secret statistical methods for picking and assessing employees seem to promise a competitive edge,” Professor Pasquale writes. “Whether these methods deliver or not is unclear, and they feel ‘creepy’ to many workers, who fear having a critical aspect of their lives left to mysterious and unaccountable computer programs.” via Whether Working or Job Seeking, the…
Uber’s Privacy Scandal Is a Failure of Culture | LinkedIn
Uber’s Privacy Scandal Is a Failure of Culture | LinkedIn.
Analytics to Spot FCPA Violations
Here is a great example of analytics being used to identify and reduce risk. The example is the FCPA, but you can extend this to many other areas. I’ve seen this done with great success in AML. We are beginning to see this deployed to accurately identify credit risk as well. Analytics can be used…
$1.69 for her and $.2.47 for you (we want her more than we want you)
How much does your grocery store like your shopping habits? Less than your neighbor’s? Companies need to worry about reputation risk. Public perception of unfair pricing and discrimination are serious risks. Look for privacy policies to be scrutinized and for the class action bar to be in the lead.
Next Practices 