Ico

ICO publishes new Data Sharing Code of Practice

Retrieved on: 
Thursday, December 17, 2020

The Information Commissioners Office (ICO) has today published its Data Sharing Code of Practice.

Key Points: 
  • The Information Commissioners Office (ICO) has today published its Data Sharing Code of Practice.
  • The code, and a suite of new resources, provides practical advice to businesses and organisations on how to carry out responsible data sharing.
  • Alongside the code, the ICO has launched a data sharing information hub where organisations can find targeted support and resources, including:

    Ms Denham said the publication of the code was not a conclusion, but a milestone.

  • I want my code of practice to be part of a wider effort to address the technical, organisational and cultural challenges for data sharing.

ICO to recover £250,000 fine from Manchester claims management firm

Retrieved on: 
Wednesday, December 16, 2020

The company was recently fined by the ICO for making over 350,000 nuisance calls.

Key Points: 
  • The company was recently fined by the ICO for making over 350,000 nuisance calls.
  • PML came to the attention of the ICO when it began receiving complaints about nuisance marketing calls, relating to claims management services, made by the company.
  • The law banning unsolicited calls for direct marketing purposes in relation to claims management services came into force in September 2018.
  • The FRU has blocked PMLs application to strike itself off the Companies House register three times, ensuring the ICO can continue regulatory action.

Pownall Marketing Limited

Retrieved on: 
Wednesday, December 16, 2020

The Information Commissioners Office (ICO) Financial Recovery Unit (FRU) is starting proceedings to retrieve 250,000 from defunct company Pownall Marketing Limited (PML).

Key Points: 
  • The Information Commissioners Office (ICO) Financial Recovery Unit (FRU) is starting proceedings to retrieve 250,000 from defunct company Pownall Marketing Limited (PML).
  • The company was recently fined by the ICO for making over 350,000 nuisance calls.
  • Between 1 January 2019 and 28 May 2019 Pownall Marketing Limited used a public electronic communications service for the purpose of making 365,369 unsolicited calls for direct marketing purposes to subscribers in relation to claims management services, resulting in 63 complaints.

ICO warns public to be vigilant against pensions cold callers

Retrieved on: 
Thursday, December 10, 2020

Last year, the law changed to limit who can call people about their pensions and this week the ICO has fined a second company for flouting the law.

Key Points: 
  • Last year, the law changed to limit who can call people about their pensions and this week the ICO has fined a second company for flouting the law.
  • Andy Curry, ICO Head of Investigations, said:

    Unwanted pensions calls can cause real distress and can result in people experiencing significant financial harm.

  • If you do receive an unwanted pensions call, its important to report it to the ICO.
  • Under the law, companies can only phone and talk to people about their occupational or personal pensions if:

    Anyone who believes they have been the victim of nuisance pensions calls should contact the ICO online.

ICO fines Lincolnshire mortgage broker £50,000 for sending thousands of nuisance texts

Retrieved on: 
Friday, December 4, 2020

The Information Commissioners Office (ICO) has fined OSL Financial Consultancy Limited (OSL) 50,000 for illegally sending 174,342 nuisance marketing texts.

Key Points: 
  • The Information Commissioners Office (ICO) has fined OSL Financial Consultancy Limited (OSL) 50,000 for illegally sending 174,342 nuisance marketing texts.
  • The Barnetby based mortgage and loans broker, trading as MortgageKey, came to the attention of the ICO as part of its probe into companies seeking to take advantage of the Covid-19 pandemic with nuisance marketing.
  • The complaints related to nuisance text messages received by the public about a drop in Buy to Let mortgage interest rates.
  • The ICO investigation found 54,205 nuisance texts were sent during the pandemic, with 120,137 nuisance texts sent in the months earlier.

OSL Financial Consultancy Limited

Retrieved on: 
Friday, December 4, 2020

The Information Commissioners Office (ICO) has fined OSL Financial Consultancy Limited (OSL) 50,000 for illegally sending 174,342 nuisance marketing texts.

Key Points: 
  • The Information Commissioners Office (ICO) has fined OSL Financial Consultancy Limited (OSL) 50,000 for illegally sending 174,342 nuisance marketing texts.
  • The Barnetby based mortgage and loans broker, trading as MortgageKey, came to the attention of the ICO as part of its probe into companies seeking to take advantage of the Covid-19 pandemic with nuisance marketing.
  • Between March and June 2020, the ICO identified a number of complaints about OSL that had been sent to the 7726 spam text reporting service.

New Report Finds 33% of US-Based ICO Investors Felt Projects Deceived Them, Many Believe Creators Should Be Held Criminally Liable

Retrieved on: 
Tuesday, December 1, 2020

The objective of the survey was to better understand the experiences and overall sentiment of U.S.-basedretail investors who have invested in ICO projects.

Key Points: 
  • The objective of the survey was to better understand the experiences and overall sentiment of U.S.-basedretail investors who have invested in ICO projects.
  • On Oct.22, 2020,Xangle surveyed 600 investors who live in the U.S. and invested in an ICO at some point between 2017 and when we conducted.
  • 33% felt that the ICO deceived them or withheld information from them, with 17% unable to determine whether they were deceived or not.
  • Of the 33% who felt deceived by their ICO, 54% believed that the ICO founders should be held criminally liable for their actions.

ALYI Finance Partner RevoltTOKEN $100 Million ICO Update Scheduled Friday

Retrieved on: 
Wednesday, November 11, 2020

DALLAS, Nov. 11, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today confirmed the company's financing partner RevoltTOKEN continues to execute necessary steps required to launch its Initial Cryptocurrency Offering (ICO).

Key Points: 
  • DALLAS, Nov. 11, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today confirmed the company's financing partner RevoltTOKEN continues to execute necessary steps required to launch its Initial Cryptocurrency Offering (ICO).
  • An update from RevoltTOKEN is planned for Friday this week.
  • The statements reflect the Company's current views with respect to future events that involve risks and uncertainties.
  • In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

ICO fines Marriott International Inc £18.4million for failing to keep customers’ personal data secure

Retrieved on: 
Friday, October 30, 2020

The ICO has fined Marriott International Inc 18.4million for failing to keep millions of customers personal data secure.

Key Points: 
  • The ICO has fined Marriott International Inc 18.4million for failing to keep millions of customers personal data secure.
  • Marriott estimates that 339 million guest records worldwide were affected following a cyber-attack in 2014 on Starwood Hotels and Resorts Worldwide Inc.
  • The attack, from an unknown source, remained undetected until September 2018, by which time the company had been acquired by Marriott.
  • The ICO acknowledges that Marriott acted promptly to contact customers and the ICO.