Search results for "digital privacy"

Behavioral Biometrics Digital Identity

By now, it is commonly known that scammers have excelled in the art of evading recognition and being discovered. Yet one technology seems to be the match for such fraudsters as they unleash the wrath of sophisticated, complicated cyber attacks with the never-ending development of elaborate strategies to manipulate systematic strategies. The implementation of behavioral […]

How Technology is Steering us Towards Digital Totalitarianism

Social media, the internet, and other digital tools, which were once hailed as great forces for human empowerment, connectivity, and liberation, have quickly come to be seen as a serious threat to democratic stability and human freedom. Social media platforms are demonstrating the potential to exacerbate risks such as authoritarian privacy violations, partisan echo chambers, […]

Fed Kicks off Debate on Issuing its Own Digital Currency with New White Paper

Creating an official digital version of the U.S. dollar could give Americans more, and speedier, payment options, but it would also present financial stability risks and privacy concerns, the U.S. Federal Reserve said in a long-awaited discussion paper released on Thursday. The paper made no policy recommendations and offered no clear signal on where the […]

Swiss National Bank Against Issuing Retail Central Bank Digital Currency

The Swiss National Bank does not see any overall benefit from issuing a central bank digital currency (CBDC) to be used by the general public and used in day to day transactions, governing board member Andrea Maechler said on Tuesday. “We believe the risks outweigh the benefits,” Maechler told a financial conference held in Frankfurt, […]

Norway fines dating app Grindr $7.16M over privacy breach

Norway’s data privacy watchdog on Wednesday fined gay dating app Grindr 65 million kroner ($7.16 million) for sending sensitive personal data to hundreds of potential advertising partners without users’ consent — a breach of strict European Union privacy rules. The Norwegian Data Protection Authority said it imposed its highest fine to date because the California-based […]

Salt Edge looks to steer digitalization of EU's banking sector

The global financial sector is witnessing an ever-growing change shaping Europe’s banking infrastructure into an increasingly competitive market. Open banking proved to people how it can alter financial services to accommodate their needs; all while fostering a continuing digitalization of modern life as Fintech companies set the stage for simplified yet optimized solutions to deliver […]

Mastercard, DTA partner up to release digital ID service In Australia

Multinational credit card company Mastercard announced on Monday a new collaboration with the Digital Transformation Agency (DTA) as it implements plans to create digital identities and age verification system, a move that will manifest the company as a leading digital identity service provider in Australia. The Trusted Digital Identity Framework (TDIF) will be a unison […]

How 9/11 changed air travel: more security, less privacy

Ask anyone old enough to remember travel before Sept. 11, 2001, and you’re likely to get a gauzy recollection of what flying was like. There was security screening, but it wasn’t anywhere near as intrusive. There were no long checkpoint lines. Passengers and their families could walk right to the gate together, postponing goodbye hugs […]