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Companies face being fined 5% of turnover if they suffer Sony-style hack in future

19th December 2014  | Latest News Management

Companies face being fined 5 per cent of their global turnover if they suffer a Sony-style security breach in future. Sony is already being sued by two employees who argue that the Hollywood studio did not protect their personal data. Lawyers are expected to argue that Sony had suffered two security breaches in 2011,…

Global NFC mobile payments to exceed $130 billion by 2020

19th December 2014  | Latest News Technology

Payments made using smartphones with near-field communication (NFC) technology are set to exceed $130 billion by 2020, according to research. Strategy Analytics predicts that 254 million mobile users will make an average of five payments per month, with each worth slightly less than $9. It said the October 2014 launch of Apple Pay helped to…

EXCLUSIVE: Amazon rules out compensating retailers over pricing software glitch

16th December 2014  | Latest News Management

Amazon has ruled out compensating retailers facing huge losses because a software glitch priced their stock at almost worthless. “As of now Amazon will not be providing any reimbursements for this issue,” the internet giant emailed one independent retailer. Amazon has placed the blame firmly with Northern Ireland software firm RepricerExpress, whose software malfunction…

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Business

Companies face being fined 5% of turnover if they suffer Sony-style hack in future

Companies face being fined 5 per cent of their global turnover if they suffer a Sony-style security breach in future. Sony is already being sued by two employees who argue that the Hollywood studio did not…

Technology

Global NFC mobile payments to exceed $130 billion by 2020

Payments made using smartphones with near-field communication (NFC) technology are set to exceed $130 billion by 2020, according to research. Strategy Analytics predicts that 254 million mobile users will make an average of five payments per month,…

The Inbox

5 interview tips from the latest episode of The Apprentice

The final five candidates sat down with business experts for their interviews in last night's episode of The Apprentice. While it's always entertaining to watch them squirm under pressure, there are also some lessons in there…