2016 was the Year of the Data Breach for Yahoo, as it announced three separate and significant data breaches. Although the consequences of these breaches are still unfolding, the financial cost to Yahoo is already significant – in 2017, Verizon slashed the price of its deal to buy Yahoo by US$350 mi ...

The cyber resilience of companies and their history of data breaches is increasingly having a significant impact on the headline price post-completion deal value and risk-allocation profile of MA transactions With the notifiable data-breach scheme and the GDPR taking effect earlier this year there ...

As of 1 September 2017 merchants will be prohibited from charging excessive payment surcharges for certain payment methods Under the new rules businesses can only pass on to customers what it costs them to process a payment The Allens Competition team have put together a brief overview of the ...

Robo advice is another one of these phrases that we are suddenly seeing everywhere The idea offers some exciting opportunities for advice providers What are the regulatory issues And how can lawyers help ...

With financial services providers already taking advantage of the possibilities created by a new tide of internet meta data we need regulators and a regulatory regime that see the opportunities implicit in the change and not only the risks ...

There has been so much talk about blockchain and distributed ledger technology recently especially in financial services that you might be forgiven for thinking it might be more hype than substance But we think it could be very important technology ...

On 1 December 2016 the Federal Government introduced a Bill to Parliament to amend section 46 of the Competition and Consumer Act 2010 Cth which prohibits the misuse of market power The Bill adopts the recommendations of the Harper Review ...

Yahoo has recently come under fire from both the United States Securities and Exchange Commission and the United Kingdom Information Commissioners Office for delays in the disclosure to investors of its 2014 data breach. ...

While the Consumer Data Right CDR regime is likely to benefit businesses by increasing access to greater consumer data and customers by increasing choice and competition the draft legislation leaves a lot of the details to be finalised at a later date primarily through the Australian Competition and ...

The Australian Government has released draft legislation to provide national security and law enforcement agencies with means to access encrypted communications and devices The draft legislation aims to respond to the increasingly widespread use of encryption by Australian consumers and the ...