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Massachusetts to Sue Equifax for Data Breach

Bank Innovation

Equifax is likely to face a lawsuit from Massachusetts Attorney General Maura Healey, who said Tuesday that she plans to file a lawsuit against the credit rating agency over a data breach that’s compromised the personal information of the state’s residents.

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It’s time to embrace customer data privacy and security

Insights on Business

Customer data drives innovations like artificial intelligence and blockchain solutions. But for companies that don’t master privacy and security, data can be toxic. Ed Markey, a Democrat from Massachusetts. The time to examine your approach to data privacy and security is now. More than 10 other U.S.

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Nordea Uses Biometrics Authentication to Protect Consumer Data

Bank Innovation

For this, Nordea has tapped Massachusetts based-biometrics security company Veridium, according to today’s announcement. Norwegian bank, Nordea is replacing token passwords with biometric authentication for its employees dealing with confidential customer data.

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Eximchain Secures $20M For Blockchain Platform

PYMNTS

Eximchain , a blockchain-based platform developed in the Massachusetts Institute of Technology’s media lab, has raised $20 million for its supply chain financing solution. Supply chain finance and management are some of the largest targets of blockchain innovators today. INBlockchain and Kenetic Capital also participated, reports said.

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Berners-Lee Startup Ramps Up Aim To Decentralize ‘Net’

PYMNTS

“For the world to experience the true value of the web we’re building, we must address the vital issues related to privacy, trust and security,” he wrote in a blog post. Inrupt has brought on five top technologists including veteran cryptography expert Bruce Schneier to serve as the head of security architecture.

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Amazon To Shut Down Free Sample Program

PYMNTS

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos.

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Amazon Discontinues Free Sample Program

PYMNTS

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos.

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