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Why privacy may be a universal right 


Online search engines have a become an important aspect of lifestyle for all folks . All ages, nationalities and professions now possess a wealth of data at their fingertips. However, while the web , and therefore the search engines we use to navigate it, became a universal right, they're starting to encroach on another core value: our privacy.

When we launched Oscobo last year we did so with the knowledge that a privacy-focused program could have universal appeal. Growth within the privacy sector is outpacing the general rate of growth in search generally, indicating that there's a particular marketplace for search engines that don't harvest your personal information. Below I’ve taken a glance at two very different samples of user groups which will want to guard their online data.


Privacy reception 

There are many reasons why families all across the united kingdom would want to safeguard their personal data from being harvested by search engines. have you ever ever tried searching online for a suggestion on a family holiday? Well, your previous search data may count against you. the knowledge that you’ve supplied to Google and similar platforms, will affect the worth you're quoted. When online brands have information concerning your location and profession, it's easy to ascertain how results become targeted at you, instead of tailored for you.

Another factor to think about is whether or not you've got young children using the family computer. does one actually need every aspect of their lives being stored and eventually analysed in order that they are often bombarded with targeted advertising? Because we don't use cookies, check out your IP address or store any user data, we offer “pure” search results based entirely on the words you typed into your search request. Why need to |must you"> do you have to have to share your age, sex, legal status and former purchases whenever you search online? At Oscobo we believe strongly that this not must be the case.


Privacy at work

We’ve also found that variety of companies are keen to adopt a more privacy-focused approach to online searching. There are many samples of corporate data that you’d rather keep private and your search terms are likely to be included within this. However, when search engines store data on your search criteria within the cloud, it means they might potentially become targeted by cyber attackers or local intelligence agencies. Because we don’t store any data on our users, you'll make certain that there's no personal information which will be targeted. If there’s no data stored, there’s no data to be hacked.

Whether you’re a stay-at-home parent or a company high-flyer, there’s no reason for your personal information to be shared against your wishes. If you think that online privacy should be for everybody , confirm you select an enquiry engine that delivers “pure” results without tracking its users.


Size & Security – Not an equivalent thing in the least 


A few years ago, cloud computing was being touted because the biggest and best new innovation for companies to extend productivity and cut costs. Fast forward to today and therefore the use of cloud-based core services like DropBox or Google Mail are almost ubiquitous among smaller organisations. If you’re alittle or medium sized company then having the capacity to ‘outsource’ not only your software and its maintenance but also your data storage, means you'll save significant time and money on internal resources.

At the highest end of the size however, the most important enterprises have seen less reason to adopt cloud services. Sharing computing resources doesn’t provide many added advantages if you already require a huge amount of technology to cater for your business needs. These organisations often consider it to be more efficient to source their own dedicated data centres or to self-manage their hardware on-site. There has also been a widespread distrust of the cloud in terms of security, with in-house IT teams instinctively eager to preserve their control of systems and hardware.

Attitudes are starting to change however. because the cloud market matures and suppliers still improve their offerings, the economics of implementing the technology are beginning to pile up for larger enterprises also . Ironically, given the long-term suspicion of the cloud, one among the foremost important reasons for this alteration is security.

It has taken an extended time, but the senior management teams are beginning to recognise the doubtless disastrous consequences of a security breach for his or her organisations. Compliance is additionally becoming more of a headache. Regulations are being tightened abreast of a daily basis – the EU General Data Protection Regulation (EU GDPR) is simply round the corner for instance , and this legislation will still apply even after the recent Brexit vote. because of this, in-house teams are starting to realise just how difficult security and compliance are often . within the FinTech sector especially , governance and legal requirements are often extremely onerous, and across all organisations there's an absolute got to keep risk to a minimum.

It is becoming far more widely accepted that the important security experts may actually be those working outside the organisation, instead of within it. In Gartner’s recent predictions for IT organizations and users for 2016 report, the analyst firm stated that “Through 2020, 95 percent of cloud security failures are going to be the customer’s fault.” Gartner’s suggestion is that it'll be weaknesses within the internal procedures of companies that cause compliance failures and increased levels of business risk, instead of failures of the external providers.

As an example of the investment happening in security for cloud services, in 2014, Microsoft, together of the primary cloud providers on the market, undertook a four-year process to make sure a variety of its cloud products were compliant with the quality clauses laid out by the ecu Commission in 2010. Clearly, it's not an easy process to bring cloud technology in line with security regulations.

As a result, more large organisations are now choosing to put their security within the hands of the experts. this is often not a panacea; regardless of how superior the safety measures offered by a cloud provider, companies are still ultimately liable for their own data. they have to be extremely careful when checking the safety credentials of their provider; whether that’s for an accounting or for a call center , and therefore the legal controls between provider and customer got to be tighter than ever.

A recent survey by Toshiba revealed that 56 per cent of companies decide to implement a replacement cloud-based solution this year, which for 50 per cent, security may be a key area of investment. Our expectation is that we'll see a continuation within the slow movement of the massive corporations to the cloud, and therefore the steady rise of security to the very top of their priority lists.Understanding Fintech compliance and regulations


Providing an summary of the present (and likely future direction) of laws and regulations as they pertain to financial technology companies within the UK just became tons tougher . The recent outcome of the so-called “Brexit” referendum has created an excellent deal of uncertainty and it remains to be seen whether the united kingdom will adopt an identical approach thereto employed by Norway and Switzerland when it involves IT regulations, or plan to carve its own path.technology insurance However, while the longer term is impossible to predict, there are some aspects of Fintech compliance that we will be relatively certain about.


Cybersecurity

Regardless of whichever regulatory body ultimately oversees the fintech industry within the UK – one aspect at the highest of the list of “must haves” – is cybersecurity. Both the frequency and level of sophistication of knowledge breaches continues to rise across the world . Alongside this, the typical “costs per (hacked) user” and therefore the cost of business lost to competitors as a results of the bad publicity following the disclosure of a breach is additionally growing.

Even the world’s central banks – with all of their considerable monetary muscle – aren't immune from being targeted by malicious actors – because the recent $81 million Bangladesh/New York Fed SWIFT Banking Network hack proved.

Governments and regulators are discussing the way to make companies share details of attempted and/or successful hacks, without threats of recrimination, with authorities – and similarly, where governmental systems are compromised – then details of any incidences will likewise be shared with companies.

Increasingly, companies are choosing to effectively outsource the task (but not the responsibility) of cybersecurity. the prices to a corporation of hiring sufficient staff with the required skillsets seem to be skyrocketing. Hence, it makes commercial sense handy over the safety aspects of your business to a trusted partner (data centre/cloud provider) to scale back a potentially huge capital expense – into a lesser, operational expense – replete with associated tax advantages.

Governmental surveillance of knowledge 
The former EU/US Safe Harbour Agreement which had been in effect between the 2 countries for over 14 years – is about to get replaced by the “EU-US Privacy Shield” and is predicted to return into force in July 2016.

Once it's in effect, governmental agencies will need to adhere to strict guidelines limiting their abilities to conduct surveillance – but data can once more flow and/or be stored on either side of the Atlantic.

Also, in 2018 the EU’s “General Data Protection Regulations” (GDPR) will inherit effect. Failure to suits the varied regulations during this respect are often extremely expensive (e.g. up to 4 per cent of a company’s worldwide turnover!) Further – politicians have also been of the opinion that directors of companies found to be in serious breach should be subject to non-public fines and even imprisonment.


MiFID II

Another version of an EU Directive – the “Markets in Financial Instruments Directive – Part Two” (aka MiFID II) – is soon be implemented (est. January 2018) and can require financial firms to implement changes and controls affecting a broad swathe of topics covering everything from research, derivatives, data protection, storage etc., – also because the got to record meetings (over and above telephone calls!)

The UK’s Financial Services Authority (FCA) already mandates that anyone directly involved in equity trading must record calls. However, MiFID II broadens the scope of people coming under its mandate – it’s not just the highest city traders, it’s also financial advisers and commodity traders not previously regulated by the FCA.

Consequently, the quantity of knowledge which will got to be securely stored will soon skyrocket. Since the info is comprised of sensitive information, any breach of confidentiality which falls under the purview of both the UK’s Information Commission (ICO) and as mentioned above, the new General Data Protection Regulation (GDPR) could end in significant financial penalties. Furthermore, MiFID II makes it very clear that recordings must be securely archived. Even within the event of a successful cyber-attack, conversations must be encrypted in order that they are unreadable.

Businesses that are looking to suits MiFID II and therefore the GDPR should seek to use a cloud hosting provider like Veber that features a history of reliably safeguarding their customers’ data.


Mobile Devices

Firms got to carefully consider how they will prevent employees from inadvertently causing them to be susceptible to stiff fines or bad publicity via misuse and/or loss of mobile devices. By implementing proper controls and even providing formal training on how and when mobile devices/their social apps may or might not be used – firms can do tons to mitigate their exposure.

Financial businesses can also enjoy the support of their cloud provider. Veber can supply financial businesses with virtual private networks (VPNs) and end point access that allow mobile workers to attach to remote data centres even once they aren't using the local network. this suggests that financial businesses can enable their employees to figure flexibly while still complying with stringent security regulations related to the financial sector.


Cloud Hosting

As mentioned previously, fintech firms may decide that the simplest thanks to meet regulations and compliance is to use a cloud vendor. At Veber we've already worked with variety of monetary businesses who come to us for our high levels of availability, performance and adaptability . Financial information can prove hugely damaging if leaked, so businesses should search for a vendor that meets the very best compliance standards, has reliable SLAs and provides the scalability to grow. the proper cloud supplier won't only assist you meet regulations, but also outpace your competitors.


Act now, before it’s too late

Although the UK’s position on forthcoming regulation isn't entirely clear, businesses cannot afford to attend around. Fintech companies should begin reviewing how their IT solutions standup against future compliance standards, particularly because the EU is probably going to stay a prominent trading partner. And even with an uncertain future, one thing remains clear – cybersecurity will still play an important role within Fintech compliance and regulation.


9 Tech tips for taking your business to bliss 


The high-paced speed at which innovations are implemented within the world of data technology often makes business owners dazed and confused. Today, solutions are made and put to practice in matters of minutes. At a time when the cloud is becoming the foremost important globally available web super-service – its revenue climbing to about $53 billion in 2015 within the US alone – business managers need to follow some strict tech tips to stay pace with the continued changes.


Approved vendors

If you simply type the phrase “cloud services” during a program , you'll get thousands of various results. Such a good sort of options can have a negative effect on businesses and their cloud choices. The rule of thumb here is to rent only approved cloud vendors that have proper cloud certifications. So, be happy to ask your potential provider about their expertise and legal background before you create the other moves.


Smooth data transfer

Now that you simply have made up your mind and located an approved provider, it's important to make sure a smooth data transfer to your cloud account. Before you begin this procedure, check your Internet speed. visible technologiesThe upload speed is that the key feature of this process. It should be a minimum of 1 Mbps and better if you would like a good transfer.


Short downtime

You will know that you simply have scored an excellent cloud deal once you see that your provider conducts regular updates and security checks. However, those actions shouldn't affect the accessibility of the cloud services you employ . So, once you are considering different cloud providers, take their uptime qualities into consideration, too.


Unlimited scalability

What matters the foremost , when it involves cloud services, is to possess an choice to adjust them to your current business needs. If a cloud provider insists on any illogical limitations or forces you to require quite you would like , don't cooperate with them. you're the customer here and that they need to go every extra mile to require you to bliss , cloud service-wise.


Limiting apps

Using apps and cloud-provided software services rather than programs has been a trend for a couple of years now. Business owners make huge savings this manner , paying just for the services they have at a given moment.information technology training
 However, using too many SaaS products at an equivalent time could lead on to uncontrolled expenses, annihilating the budget surplus made through such cloud services. Therefore, every business should name an employee or a team which will be responsible of the app management.


Safe virtual location

One of the fundamentals of each business that keeps data online is to seek out the safest possible location for his or her needs. this suggests that you simply shouldn't experiment with hosting providers, but simply accompany the flow and choose one among the well-known ones.


Proper encryption

As you're getting conversant in your cloud possibilities, it goes without saying that business owners need to keep their eyes wide open in terms of knowledge encryption. during a nutshell, entrepreneurs using cloud services should accept nothing but multi-level encryption.


Password alterations

Due to some potential threats coming from former employees (as well as clever hackers) every business working within the online environment should alter passwords from time to time. you'll make great use of some free password managers for this purpose, additionally to your own creative moves.


Simple data organisation

When a business is somewhere between the normal device-based storage and people new cloud software and storage options, there's a better risk of knowledge loss. Therefore, you would like to introduce some new features for organising your business content. as an example , you'll download and (photo)stream photos and videos with cutting-edge Bulkr photo tools, to stay your visual content well-organised. Photos are getting an important a part of web presence and that they require special care.

The times are changing so fast that falling behind with technology may be a one-way path to a failure. On the opposite hand, incorporating all those tech features into your online business policy should launch your business on bliss and ensure a lucrative future for your business.