Britain’s Information Commissioner’s Office imposes record fine of $539,400 on Carphone Warehouse

A 2015 hack at Carphone Warehouse had compromised the personal information of more than 3 million people. On Wednesday, Britain’s information regulator disclosed that it has imposed a fine of $539,400 (400,000 pounds) on Carphone Warehouse following the 2015 cyber attack which exposed the private data of more than 3 million of its customers. As…

South Korea bans Initial Coin Offerings

The move mirrors similar announcements made by the U.S. and China where increased trading volumes of cryptocurrencies have sparked concerns. On Friday, South Korea’s financial regulator has stated it will ban the raising of funds through all forms of virtual currencies, including Initial Coin Offering, (ICO), in a move that mirrors China’s restriction on initial…