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Tag: data

U.K. watchdog: Cambridge Analytica must release U.S. voter data

U.K. watchdog: Cambridge Analytica must release U.S. voter data

World
May 5 (UPI) -- A British watchdog ordered Cambridge Analytica's data controller to turn over all information it's collected on American voters or face criminal prosecution.The U.K. Information Commissioner's Office, an independent authority, issued an enforcement notice to the consulting firm Friday, according to the Guardian.SCL Elections, a British affiliate data controller for Cambridge Analytica, has been ordered to comply or appeal the order within 30 days or it could face criminal prosecution.The ICO notice stems from David Carroll, an associate professor at Patterson School of Design in New York. Carroll appealed to the ICO for the consulting firm to share the personal data it gathered on him. Carroll asked Cambridge Analytica to release his data a year before word got out that the ...
Data firm at center of Facebook privacy scandal will close

Data firm at center of Facebook privacy scandal will close

Technology
Cambridge Analytica, the Trump-affiliated data firm at the center of Facebook's worst privacy scandal in history, is declaring bankruptcy and shutting down. The London firm blamed "unfairly negative media coverage" and said it has been "vilified" for actions it says are both legal and widely accepted as part of online advertising. Cambridge Analytica said it has filed papers to begin insolvency proceedings in the U.K. and will seek bankruptcy protection in a federal court in New York. "The siege of media coverage has driven away virtually all of the company's customers and suppliers," Cambridge Analytica said in a statement. "As a result, it has been determined that it is no longer viable to continue operating the business." Facebook said it will keep looking into data misuse by Cambridge...
Facebook data breach firm shutting down

Facebook data breach firm shutting down

Business
Cambridge Analytica, the political consultancy at the centre of the Facebook data row, has announced it is to close and declare bankruptcy.The British company said it had been "the subject of numerous unfounded accusations" and was "vilified for activities that are not only legal, but also widely accepted as a standard component of online advertising in both the political and commercial arenas."Eighteen enforcement officers spent the night searching Cambridge Analytica's offices after the High Court granted a warrant in March.The information commissioner obtained a legal order to access their records and data after it emerged the company had harvested information from 50 million Facebook users.The social media giant later revealed that 87 million people may been affected by the leak, with ...
Discount brokers expand business on data, Aadhaar KYC

Discount brokers expand business on data, Aadhaar KYC

Finance
CHENNAI/MUMBAI: Discount brokers — the low-cost, no-frills broking houses — have seen a phenomenal growth in the last two years on the back of the Aadhaar-enabled e-KYC process, launch of high-speed data services at low cost by Reliance Jio, and the five-year old bull market. The growth has been so strong that, as of fiscal 2018-end, Zerodha — an eight-year-old tech-driven startup in the broking space — became the third-largest in India in terms of number of customers, behind ICICI Securities and HDFC Securities. It ranked 16th on the list two years ago, and 34th five years ago. In the league table, it’s ahead of D-Street’s old horses like Sharekhan, Axis Securities, Kotak Securities, Angel Broking and Motilal Oswal Securities. Zerodha and peers like Upstox, Samco and SAS Online have seen