Facebook Inc. is being quizzed by Hamburg’s privacy watchdog amid concerns the social network giant’s revamped user-data policies may violate German law. Facebook was given until the end of the next month to respond to questions on the data handling and may face a probe if it fails to allay concerns, the regulator, Johannes Caspar, said in Berlin.
· Read the article: Bloomberg
New Chinese Rules Force Companies to Disclose Source Code
The Chinese government has adopted new regulations requiring companies that sell computer equipment to Chinese banks to turn over secret source code, submit to invasive audits and build so-called back doors into hardware and software, according to a copy of the rules obtained by foreign technology companies that do billions of dollars’ worth of business in China. The new rules, laid out in a 22-page document approved at the end of last year, are the first in a series of policies expected to be unveiled in the coming months that Beijing says are designed to strengthen cybersecurity in critical Chinese industries.
· Read the article: The New York Times
Europeans See Increased Demand for Cybercrime Insurance
The increasing incidents of cybercrime is sparking European executives’ interest in insurance policies that cover the fallout from hacking, officials at insurance firms say in Europe say. Demand for such protection is rising, said Jens Krickhahn, a cyber-risk expert at German insurer Allianz.
· Read the article: The Wall Street Journal
