If you need a refresher, a Ponzi scheme, according to Wikipedia, is “a fraudulent investment operation that pays returns to investors out of the money paid by subsequent investors rather that from profit. It “usually offers abnormally high short-term returns in order to entice new investors”.
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To commemorate Data Privacy Day today, we offer up our latest Top Ten list…The Top 10 Ways Your Privacy is Threatened:
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This week, the OPC released guidelines for processing personal data across borders. These guidelines explain how the Personal Information Protection and Electronic Documents Act (PIPEDA) applies to the transfer of personal information to a third party outside of Canada for processing.
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Recently, a journalist for Wired magazine attempted to live a location-aware lifestyle. That means he tried to take advantage of the GPS capabilities of every electronic tool he could get his hands on, linking all his activities to his location and then transmitting that data to his network.
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This Christmas, Internet company Yahoo gave its users an early Christmas present – a new data retention policy, promising to anonymize user data after 90 days.
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South of the border, Sony Music recently settled with the U.S. Federal Trade Commission (FTC) after the FTC filed a suit against Sony claiming the company had violated children’s privacy rights.
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In 2000, this 15-year-old hacker brought down some of the most heavily visited websites on the net: Amazon, eBay, CNN, Yahoo!. At the time, reports claimed the hack caused a billion dollars’ worth of damage to these companies.
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Increasingly, employers are looking at how to tackle the thorny issue of employees’ use of social networking sites like Facebook, Myspace and LinkedIn.
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Is there anything more annoying that 100 people ahead of you in line when you are trying to purchase that perfect holiday gift? Well what about while you are in the midst of your harried purchase, being asked to pull out your driver’s licence so the retailer can record the number? Not only can this be annoying, but it might also be a violation of your personal privacy.
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Yesterday, the CRTC rendered its decision on ISP’s traffic shaping practices. It announced that it was denying the Canadian Internet Service Providers’ (CAIP) request that Bell Canada, which provides wholesale ADSL services to smaller ISPs across the country, cease the traffic-shaping practices it has adopted for its wholesale customers.
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