TalkTalk Telecom Group plc Fined £100,000

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The Information Commissioner's Office has fined TalkTalk Telecom Group PLC £100,000 after it failed to look after its customers' data and risked it falling into the hands of scammers and fraudsters.

An ICO investigation found TalkTalk breached the Data Protection Act because it allowed staff to have access to large quantities of customers' data. Its lack of adequate security measures left the data open to exploitation by rogue employees.

The breach came to light in September 2014 when TalkTalk started getting complaints from customers that they were receiving scam calls. Typically, the scammers pretended they were providing support for technical problems. They quoted customers' addresses and TalkTalk account numbers.

The ICO launched an investigation into how customer details - names, addresses, phone numbers and account numbers - were compromised.

The investigation found the issue lay with a TalkTalk portal through which customer information could be accessed. One of the companies with access to the portal was Wipro, a multinational IT services company in India that resolved high level complaints and addressed network coverage problems on TalkTalk's behalf.

A specialist investigation by TalkTalk identified three Wipro accounts that had been used to gain unauthorised and unlawful access to the personal data of up to 21,000 customers.

The ICO has fined TalkTalk because it breached the seventh principle of the Data Protection Act. It did not have appropriate technical or organisational measures in place to keep personal data secure.

GlobalPlatform Brings Annual TEE Seminar to China

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GlobalPlatform, the standard for secure digital services and devices, has announced that its 2017 Trusted Execution Environment (TEE) Seminar will take place in Beijing on 12th September. While the event is in its fifth year, this will be the inaugural Chinese event. The agenda, with keynote presentations from Alibaba and the China Academy of Information and Communications Technology (CAICT), will address the accelerated rate of digital service and device innovation in the region, a key driver in the growth of TEE globally. Currently, more than a billion processors that can support TEE are shipped worldwide per quarter.

"After four successful years of hosting the GlobalPlatform TEE Seminar in Silicon Valley, the decision to relocate for 2017 was driven by strong demand for a Chinese TEE event," comments Kevin Gillick, Executive Director of GlobalPlatform. "We have an expansive and growing member base in China and the region is committed to building an ecosystem where digital services and devices can be trusted and managed securely."

The seminar, titled 'Providing Security for Digital Services and Devices', will bring together the industry's foremost TEE subject matter experts from around the globe to showcase state-of-the-art device security and demonstrate the evolution of the threat landscape across the following key trends and use cases:

Worldline to Acquire Leading Payment Processor in the Baltics from First Data Corporation

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Worldline has announced the signature of an agreement with First Data Corporation for the acquisition of 100% of the share capital of First Data's fully owned subsidiaries in Lithuania, Latvia, Estonia (together "First Data Baltics" (FDB)) for Euro 73 million, financed by available cash.

Having generated revenue of Euro 23 million in 2016, FDB currently employs 200 employees and is the leading financial processor in the Baltics.

Gilles Grapinet, Worldline CEO said: "The acquisition of First Data Baltics is a significant development for our Group to accelerate the execution of our Pan-European consolidation strategy in Financial Processing services. In one transaction, we gain a leading position in the fast-developing countries of Latvia, Lithuania and Estonia; we reinforce our group capabilities in the north of Europe and will establish new relationships with numerous prestigious Baltic and Nordic banks. We are extremely happy to welcome in the Worldline Group circa 200 new colleagues and payment experts, led by Zanda Brivule Jansone, a very talented CEO, and her management team. Together, leveraging FDB proven expertise with the strengths of the portfolio and capabilities of equensWorldline, we are in a unique position to deliver the next generation of payment services for the Baltic banking community, and more widely for the customers of the Nordic region."

The transaction is expected to close during the third quarter of 2017.

Smart & Secure Partnership

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Hertfordshire, UK – 17th November 2016 - Universal Smart Cards are delighted to announce that Microexpert, cryptographic payment specialists, are joining as their first partner to support the Universal JCard developers kit. In a move to enable easy access to the Java Card development kit, Universal Smart Cards have launched a new partner programme.

Visa and Marqeta Form Global Partnership to Drive New Commercial and Consumer Payments Experiences

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Visa and Marqeta, the open API payment card issuing platform, announce a multi-year, global partnership to drive further innovations in commercial and consumer payments. Additionally, Visa has made a strategic investment in Marqeta to support Marqeta's domestic and international growth objectives.

The initial efforts of the partnership will involve growing opportunities for virtual, physical and tokenised payments across a number of commercial markets and use cases that can benefit from Marqeta's developer-friendly platform.

The market for electronic payments continues to grow in commercial payables, alternative lending, disbursements, eCommerce, on-demand services and P2P payments. To enable this growth, Marqeta's platform and patent-pending Just-In-Time (JIT) Funding feature allows companies of all sizes to authorise their own card transactions, fundamentally changing how companies engage with card issuing and transaction processing. Developers on Marqeta's platform can sign up for a sandbox in under a minute and then leverage Marqeta's modern set of card controls and configurations to get a fully funded card program to market in a matter of days.

"We're excited to partner with Marqeta to collectively bring our unique assets and capabilities to more partners and clients globally," said Jim McCarthy, executive vice president, innovation and strategic partnerships, Visa. "We are always looking for partnerships and investments that allow us to evaluate innovative, new ways to support our clients' needs, and increasingly see open, developer-friendly platforms as a way to help clients move quickly in today's fast-paced environment."

Info Security Europe Q&A

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Info Security Europe - 07-09 June - London

CEO of Microexpert, Dr. David Everett, world renowned expert in payment security and Ian Thomson MD of Segman tics will host a small Q&A session on payment security and two factor authentication. This is a first come first served basis for four people. Pre booking at the Segmantics stand T10j, in the Innovation area, is advisable.

http://www.infosecurityeurope.com/en/exhibitor-directory/Company-Content/?coId=149210

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