Tech giants face fines or even break-up if they breach new rules: EU’s Breton

BRUSSELS (Reuters) – Tech giants that break new EU rules aimed at curbing their powers could face fines, be ordered to change their practices or even be forced to break up their European businesses, the bloc’s digital chief Thierry Breton said on Wednesday.

Breton’s comments come two weeks before he is due to present draft rules known as the Digital Services Act (DSA) and Digital Markets Act (DMA), which are likely to affect big U.S. players Google, Apple, Amazon, Facebook and Microsoft.

The DSA will force tech companies to explain how their algorithms work, open up their advertising archives to regulators and researchers, and do more to tackle hate speech, harmful content and counterfeit products on their platforms.

The DMA takes aim at online gatekeepers with a list of requirements, such as sharing certain kinds of data with rivals and regulators; and outlawed practices, such as favouring their own services.

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Canada promises big fines for companies that breach new privacy law

OTTAWA, Nov 17 (Reuters) – Companies that fail to protect the personal information of Canadians could be fined up to 5% of global revenue under the terms of a proposed new privacy law, Innovation Minister Navdeep Bains said on Tuesday.

Bains said the Digital Charter Implementation Act – designed to update regulations that are 20 years old – was needed at a time when the coronavirus epidemic was increasing Canadians’ reliance on digital technology.

The draft law, which must be adopted by Parliament, says Canadians who feel their data has been improperly gathered or shared can turn to the country’s Privacy Commissioner and demand the information be deleted.

The commissioner can order a halt to the collection and use of an individual’s information. Companies that do not comply could be fined up to 5% of their global revenue for serious contraventions.

“We’re talking about potentially billions of dollars,” Bains told

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Massive Video Game Breach Reveals Virtual Reality Horrors, Personal Info, and “Herlock Sholmes” – Slog

Unconfirmed if this image is authentic, but oh what a delight if it’s real

Herlock! It’s the name on everyone’s lips, by which I mean everyone’s typing-fingers, but as the saying goes, the fingers are the lips of the hands. Anyway, Herlock! Allow me to present to you: Herlock Sholmes, the world’s datest gretective! I’m obsessed.

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You see, there was a big video game attack a few weeks ago, and a bunch of naughty computer babies snuck into Capcom’s servers and grabbed a bunch of files. They demanded a ransom payment from the company, or else they’d publicly release what they found. Apparently Capcom wasn’t in the mood to tango because the internet is now flooded with what the hackers claim are classified documents revealing the company’s plans, financial data, and a whole bunch of personal customer info.

There’s a whole bunch of fascinating tidbits to sift through in

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AgJunction Files Patent Infringement and Breach of Contract Lawsuit Against Ag Leader Technology

SCOTTSDALE, Ariz., Nov. 17, 2020 (GLOBE NEWSWIRE) — AgJunction Inc. (TSX: AJX), (“AgJunction” or the “Company”), has filed a patent infringement and breach of contract lawsuit in the U.S. District Court for the District of Arizona against Ag Leader Technology, Inc. (“Ag Leader”). The lawsuit alleges that Ag Leader products violate three of AgJunction’s patents related to automated machine control. The lawsuit further alleges that Ag Leader has breached the supply agreement between the companies.

“AgJunction holds a comprehensive steering and machine control IP portfolio which has been tested and enforced in multiple actions,” said Bob Barjesteh, Executive Vice President and General Counsel of AgJunction. “These assets are vital to hands-free steering and autonomous functions and are critical components of our corporate strategy. After unsuccessful efforts over these last several months to negotiate a new supply agreement and resolve these alleged infringement issues out-of-court, we are left with no choice

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Tech firms may face EU services ban if they breach rules

European Union flags in front of the Berlaymont building (European commission) in Brussels, Belgium.
New draft rules would allow the EU to ban firms or part of their services in the 27 member states as an extreme option. Photo: Getty

Services provided by technology companies could be banned from the European Market if they breach EU regulation rules.

Europe’s industry chief Thierry Breton told the German weekly Welt am Sonntag about the possible ban, as the European Commission (EC) finalises rules on internet companies.

Breton, along with European Competition Commissioner Margrethe Vestager, is due to announce new draft rules known as the Digital Services Act and the Digital Markets Act on 2 December.

The rules will list the do’s and don’ts and force gatekeepers — online firms with market power — to share data with rivals and regulators and not to promote their services and products unfairly.

The new sanctions would allow the EU to ban firms or part of their services in the

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Tech groups’ services could face bans if they breach rules, EU industry chief says

FILE PHOTO: European Union Internal Market Commissioner Thierry Breton talks to journalists during an online news conference at the EU headquarters in Brussels, Belgium September 3, 2020. Francisco Seco/Pool via REUTERS/File Photo

FRANKFURT (Reuters) – Technology companies’ services could be banned from the European market if they do not heed EU regulation, Europe’s industry chief Thierry Breton told German weekly Welt am Sonntag, as the European Commission finalises rules on internet companies.

Breton will announce new draft rules known as the Digital Services Act and the Digital Markets Act together with European Competition Commissioner Margrethe Vestager on Dec. 2.

The rules will set out a list of do’s and don’ts for gatekeepers – online companies with market power – forcing them to share data with rivals and regulators and not to promote their services and products unfairly.

The new draft rules come as critics of U.S. tech giants, which include

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Vertafore Reveals Potential Breach of Texas Driver Information

Denver, Colo.-based insurance information technology company, Vertafore Inc., says a potential breach has occurred of data involving information about anyone who was issued a driver’s license in Texas prior to February 2019.

The company reported to the Texas Department of Motor Vehicles that three data files containing driver license information, vehicle registration and lienholder information may have been placed by a Vertafore employee in an unsecured external storage service online. The files “contained Texas driver information for approximately 27.7 million people,” Vertafore said in a media released dated Nov. 10.

In a statement, Vertafore said: “The files, which included driver information for licenses issued before February 2019, contained Texas driver license numbers, as well as names, dates of birth, addresses and vehicle registration histories. … No information misuse has been identified. No customer data or any other data—including partner, vendor or other supplier data—or systems hosted for them were impacted.

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Data Breach Hits 1 Million Swedes After Insurance Firm Error

(Bloomberg) — One of Sweden’s largest private insurers says it inadvertently allowed some of the world’s biggest tech companies to gain access to private data in a breach that affected up to 1 million clients.



a large room: High End Data Cables Feed Into Servers


© Bloomberg
High End Data Cables Feed Into Servers

Folksam Group, which oversees about $50 billion in insurance assets, said it shared client data with Facebook, Google, Microsoft, LinkedIn and Adobe, according to a statement on Tuesday. The firm said it discovered the breach after an internal audit.

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“We understand that this can cause concern among our customers and we take what has happened seriously,” Folksam said. “We have immediately stopped sharing this personal information and requested that it be deleted.”

Folksam, which is a major investor in a number of Sweden’s biggest companies, said the breach happened as it was trying to “analyze and give our customers customized offers.”

“But unfortunately we

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Hackers breach Trump campaign website, threaten to release ‘evidence’ of crimes

The Trump campaign’s website was briefly hacked late Tuesday, with the culprits posting a typo-riddled message on the site threatening to release “evidence” of the president’s “criminal involvement” in a supposed scheme to sway next week’s election.

The hackers, whose identity was not immediately known, only managed to crack into the Trump website’s “about” page. The rest of the website remained intact.

Within minutes of the breach being discovered, the Trump campaign took down the site, but not before some news organizations were able to screen-grab the ominous message.

“This site was seized,” the message claimed in bold text place underneath the insignias of the FBI and the Justice Department. “Multiple devices were compromised that gave full access to trump and relatives … we have evidence that completely discredits mr trump as a president. proving his criminal involvement and coorperation (sic) with foreign actors manipulating the 2020 elections.”

The missive

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