to help enterprise security across Europe
The resource centre for busy senior executives seeking the latest insights into IT Compliance & Privacy issues for major organizations
 
sarbaines oxley ofcom communications regulator
Latest Resources      data protection register
compliance resources privacy resource center

Breaking Global News
Global Compliance and Privacy News
- Breaking News, updated every 30 minutes
•   Compliance, Privacy and Security
•  Money Laundering
•  Phishing
•  Regulatory Issues
•  SOX, Basel 2, MiFID


You Tell Us:
S
S
L

T
E
C
H
N
O
L
O
G
Y
We use SSL Technology for web data entry points:

Always
Sometimes
Never
What is SSL?

News
Are Smartphones Endangering Security? - Wick Hill
Dealing with Internet Security Threats - Ian Kilpatrick
How the New EU Rules on Data Export Affect Companies in and Outside the EU - Thomas Helbing
Farmers' Data Leak Highlights Old Technology Use - Wick Hill
Saving Money with SFTP - Wick Hill
UK Information Commissioner targets firm selling vetting data - Eversheds e80
12 Key Steps to Internet Security - Wick Hill
Telephone Monitoring Legality in the UK - Dechert
Firewall or UTM - Wick Hill
UK Information Commissioner demands mobile device encryption - Eversheds e80
Data loss - liability, reputation and mitigation of risk - Eversheds e80
Phorm, Webwise and OIX - BCS Security Forum
The challenges of PCI DSS compliance - Thales, Russell Fewing
"Quality" Data Vendor Spams us! Editor astounded!
National Gateway Security Survey 2008 - Wick Hill
Unified Threat Management - Watchguard Technologies

news archives
:
0 | 1 | 2 | 3 | 4 | 5 |
6 | 7 | 8 | 9 | 10 | 11 |
12 | 13
[What is this?]

Industry Blogs
Tim Berners Lee's Blog
Tim Callan's SSL Blog
Davis Wright Tremaine's Privacy & Security Law Blog
Emergent Chaos Blog
Michael Farnum's Blog
Phillip Hallam-Baker's Blog - The dotFuture Manifesto: Internet Crime, Web Services, Philosophy
Stuart King's Security and Risk Management Blog
David Lacey's IT Security Blog
Metasploit Official Blog
Jeff Pettorino's Security Convergence Blog
Jeff Richards's Demand Insights Blog
David Rowe's Risk ManagementBlog
Bruce Schneier's Security Blog
Larry Seltzer's Security Weblog
Mike Spinney's Private Communications Blog
Richard Steinnon's Threat Chaos Blog
The TechWeb Blog
Tim Trent's Marketing by Permission Blog
Rebecca Wong 's DP Thinker Blog

Newsletters
23 February Newsletter
Newsletter Archives are located in "News"

Industry Update
Internet Security Intelligence Briefing - November 2005
Find out the latest trends in e-commerce, web usage & the latest threats from adware/Spyware

Reports
Phorm, Webwise and OIX
- BCS Security Forum

'The Any Era has Arrived, and Everyione has Noticed' - Stratton Sclavos - VeriSign
Identity Security - Time to Share
Malicious code threats - iDefense
Public Alerts - updated as they happen from Stopbadware.org
Public Alerts - updated as they happen from Websense
Public Advisories - updated as they happen, from iDefense
Phoraging - Privacy invasion through the Semantic web: a special report by Mike Davies of VeriSign

Legislation
Privacy Laws & Business International E-news, Issue 57
Privacy Laws & Business UNited Kingdom E-news, Issue 60

Security Reviews
February 2007 - VeriSign Security Review
The security review archive is here

Case Studies
Finance Industry
Case Study Example

A case study on a Finance industry company.

White Papers
VeriSign® Intelligent Infrastructure for Security
VeriSign® Intelligent Infrastructure: An Overview
Identity Protection Fraud Detection Service - description of the service
Life of a Threat - Video on Threat Management Lifecycle
Optimizing Enterprise Information Security Compliance - Dealing with all the audits
For a full list of all whitepapers, visit our Whitepaper library

Legal Notices
Privacy Policy
Terms of use

basel 2 sarbanes oxley
    legislation
data controller notification binding corporate rules BCR data transfer third countries third part data transfer basel 2 regualtor regulation regulate FSA banking network security RSA encryptin algorithm Bits sacked bank staff
Blogs compliance Reports compliancy Legislation Data Protection Case Studies data privacy White Papers data protection act News information commissioner Events security standards Links information security iDefense
Retail Solutions

Legislation

compliance and privacy

Current News Updates

PL&B International E-news, Issue 52

9 February, 2007
© Privacy Laws & Business 2007

  1. EU Data Protection Supervisor Rules on SWIFT Secret Data Protection Breaches

1. EU Data Protection Supervisor Rules on SWIFT Secret Data Protection Breaches

Peter Hustinx, the European Data Protection Supervisor, adopted an opinion on 1 February directed at the European Central Bank (ECB) as overseer and user of the SWIFT international financial transactions system based in Belgium. Unlike his more usual role in advising on EU proposals with data protection implications, this opinion is a judgment that the scrutiny of SWIFT financial transactions in secret by the US Treasury violated European data protection law.   His opinion is directed at the European Central Bank because it is one of the European institutions which it is his duty to advise.

He uses his power under the regulation regarding personal data processing by EU institutions to urge the ECB to explore ‘solutions to make its payment operations fully compliant with data protection legislation and take appropriate measures as soon as possible.'  He invites the ECB to report back on the measures taken to comply with his opinion by April at the latest.  After the report he will consider, ‘taking into account possible coordination with other data protection supervisory authorities, any further action' on the basis of his powers.  The ‘further action' obviously could include the imposition of sanctions.

Considering the ECB as policy maker he ‘stresses that it would not be acceptable that the architecture of the European payment systems would continue to allow and facilitate that personal data relating to any euro payment between Member States are transferred to third countries in breach of the data protection legislation and made available - routinely, massively, and without appropriate guarantees – to third countries' authorities.'  He calls on the ECB ‘to ensure that European payment systems…are fully compliant with European data protection law.'

He concludes that ‘a wide range of EU and international instrument  aimed at fighting crime and terrorism while ensuring protection of fundamental wrights are already available' and should be fully exploited before proposing new international agreements.  ‘In any case, the fight against crime and terrorism should not circumvent standards of protection of fundamental rights which characterise democratic societies.'

Click here for further information about subscribing to the international newsletter.

 


This site is independent of all its sources
The contents of the site are sourced from across the industry. All copyrights are acknowledged.