Sweden to tighten telecom operation laws

Sweden aims to tighten telecom component suppliers and operators who don’t meet sufficiently high security standards. Anders Ygeman, Sweden’s minister for digital development stated, Stockholm wants to tighten regulatory requirement for telecom suppliers and operators. Sweden’s concerns comes in the midst of heightened concerns revolving around network security. “We want to be able to exclude…

Shares of Swedish biometric firm Fingerprint Cards come to a grinding halt

“The reason for suspension is due to non disclosure of inside information,” said Nasdaq Stockholm in a statement. Trading in the shares of Fingerprint Cards (FPC) came to a halt on Tuesday following the issuance of a warning by a brokerage firm to analysts that the Swedish biometric firm faced too high market expectations for…