Only big fines will change how the auditors audit

Splitting a firm’s audit and consulting functions has merit but only large penalties will affect proper change•Watchdog finds work of Patisserie Valerie auditor unacceptableThis time last year the Financial Reporting Council tried to read the riot act …

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Marriott to be fined nearly £100m over GDPR breach

ICO imposes fine after personal data of 339 million guests was stolen by hackersThe international hotel group Marriott is to be fined almost £100m by the Information Commissioner’s Office after hackers stole the records of 339 million guests.In Novembe…

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British Airways fine shows GDPR has given watchdogs teeth | Nils Pratley

The ICO is now a regulator to be feared – and tech giants should be warned by BA’s potential £183m hitBritish Airways is “surprised and disappointed” that it could be fined £183m by the Information Commissioner’s Office (ICO) for a data breach, says it…

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Yahoo fined £250,000 for hack that impacted 515,000 UK accounts

ICO says firm ‘failed to prevent’ 2014 Russia-sponsored hack after 500m accounts compromisedYahoo has been fined £250,000 over a hack from 2014 that affected more than 515,000 UK email accounts co-branded with Sky, the Information Commissioner’s Office…

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Facebook among 30 organisations in UK political data inquiry

Information commissioner is investigating use of personal information in political campaigns The UK Information Commissioner’s Office is investigating 30 organisations, including Facebook, as part of its inquiry into the use of personal data and analyt…

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MPs summon Mark Zuckerberg, saying Facebook misled them

Facebook founder is called to give evidence after revelations over data use by Cambridge AnalyticaMPs have summoned Mark Zuckerberg to appear before a select committee investigating fake news and accused his company of misleading them at a previous hea…

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Carphone Warehouse fined for ‘striking’ number of failures that led to data breach

Information Commissioner’s Office fines company £400,000 for ‘concerning’ security issues following investigation of hack of 3m customers’ data

Carphone Warehouse has been fined £400,000 by the Information Commissioner’s Office for a series of “systemic failures” uncovered following a data breach in 2015.

The ICO described the “number of distinct and significant inadequacies in the security arrangements” of Carphone Warehouse as “striking”, and said that it was “ particularly concerning that a number of the inadequacies related to basic, commonplace measures”.

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