This week, we begin with an article about China’s plan to prohibit internet firms with large amounts of sensitive consumer data from listing abroad. Next, we have a piece on how licenses granted by AP will allow Banks and insurers to warn each other of fraudsters by exchanging information in the Netherlands. The following article examines how UpGuard warned dozens of organizations about their data being accessible publicly because of the default permission setting in Microsoft Power Apps Portals. Following that, we have an article discussing the importance of data quality & governance in managing the growing amount of data & emerging technologies. Next is a piece about how Microsoft has informed its customers about their exposed databases & asked them to create new keys. Finally, we have an article on establishing a stronger basis to ensure data management is attaining specific standards to share data easily.
China Plans To Ban Overseas IPOs For Tech Firms With Data Security Risks – Source
China is framing rules to ban internet companies whose data poses potential security risks from listing outside the country, including in the United States, according to a person familiar with the matter. The ban is also expected to be imposed on companies involved in ideology issues, said the person, declining to be identified as the matter is private. Beijing said last month it planned to strengthen supervision of all firms listed offshore, a sweeping regulatory shift that came after a cybersecurity investigation into ride-hailing giant Didi Global Inc (DIDI.N) just days after its U.S. listing.
Banks And Insurers Licensed To Exchange Fraud Data In The Netherlands
More than 160 banks and insurers in the Netherlands have been granted a licence to exchange details of individuals’ fraudulent behavior by the country’s data protection authority. The terms of the licenses issued by the Autoriteit Persoonsgegevens (AP) are conditional – the institutions must process the personal data involved in line with a strict protocol that has been drawn up by trade bodies in the banking and insurance sectors and which the AP approved earlier this year.
Cybersecurity Company Flags Microsoft Power Apps Data Leak Of 38M Records
The research team from UpGuard, a cybersecurity company, found data leaks from dozens of entities as a result of the default permissions on Microsoft Power Apps portals. As outlined in a new report, the leaks comprised 38 million records total, across 47 affected organizations. A Microsoft representative told Healthcare IT News that only a small subset of customers configured the portal as described in the report, and that the company worked closely with those customers to ensure they were using the privacy settings consistent with their needs.
Feds Emphasize Data Quality, Governance Priorities For Emerging Tech
Data quality and data governance are two keys to implementing emerging technologies, Federal officials emphasized on August 25 during a FedInsider webinar. Avital Percher, the assistant to the chief data officer for Analytics and Strategy at the National Science Foundation (NSF), explained that the importance of data isn’t a new development for the NSF when implementing emerging technology. The difference is the growing number of sources generating data, and how organizations use emerging technologies to rapidly unlock its value.
Microsoft Warns Thousands Of Cloud Customers Of Exposed Databases, Email Shows
Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world’s largest companies, that intruders could have the ability to read, change or even delete their main databases, according to a copy of the email and a cyber security researcher. The vulnerability is in Microsoft Azure’s flagship Cosmos database. A research team at security company Wiz discovered it was able to access keys that control access to databases held by thousands of companies.
Data Quality, Framework, Accessibility Are Key To Implementing Emerging Technologies
Moving to the cloud has allowed agencies to store and use massive amounts of data more efficiently than when they maintained their own data centers. Now the next big step for many of these agencies, especially if their goal is to implement emerging technologies like artificial intelligence, is figuring out how to get the most out of that data. For a number of federal chief data officers and data experts, that means improving data quality, transparency and access more widely across the enterprise.