Former TSB CIO fined for migration meltdown

The Prudential Regulation Authority (PRA) at the Bank of England has fined the former CIO of TSB bank for his part in the catastrophic migration of the bank’s IT to a new system. In the final notice sent to the former CIO Carlos Abarca, the PRA said the action it has taken “emphasises the […]

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Three charged over banking fraud for hire website

Three men alleged to have operated a website that offered banking fraud services to cyber criminals have been charged with various offences following a multi-year investigation by the UK’s National Crime Agency (NCA). Callum Picari, 21, of Hornchurch in Essex, Vijayasidhurshan Vijayanathan, 19, of Aylesbury in Buckinghamshire, and Aza Siddeeque, 18, of Milton Keynes, […]

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UK joins key allies to launch secure-by-design guidelines

The UK’s National Cyber Security Centre (NCSC) has joined with its counterparts in Australia, Canada, Germany, the Netherlands, New Zealand and the US to launch a guide containing advice to help technology manufacturers keep customers safe by embedding secure-by-design and secure-by-default principles into their products during the development phase. Titled Shifting the balance of […]

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6 open source GRC tools compliance professionals should know

Compliance professionals know that governance, risk and compliance efforts don’t often get the appropriate level… of consideration when it comes to securing investment dollars for software tools and new funding for process improvements. Many organizations instead prioritize technical tools or tools that are directly business-visible when it comes to investments. This puts compliance professionals in […]

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Italy to lift ChatGPT ban subject to new data protection controls

Italy’s privacy and data protection regulator will lift its recently imposed ban on OpenAI’s ChatGPT service at the end of April 2023 if the service implements a series of measures to address the regulator’s concerns. The Garante per la Protezione dei Dati Personali (GPDP) ordered Microsoft-backed OpenAI to cease offering its service in Italy […]

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AstraZeneca launches African healthtech hub

AstraZeneca has opened an African innovation hub that will use the latest technologies to improve the healthcare of the continent’s people. The pharma giant said that the Africa Health Innovation Hub will have a focus on the largest technologies such as artificial intelligence (AI) and data generation. The hub is part of the company’s […]

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Sweden and Finland make advances in quantum computing

Finland and Sweden are leading the Nordic charge in rolling out important new advances in separate quantum computer projects. In Sweden, Chalmers University of Technology (Chalmers UoT) has secured an additional €9m (SEK 102m) in funding to build and make available a copy of its quantum computer to the country’s IT industry.   Across the […]

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