EU can suspend new data transfer pact with U.S. if worried about privacy: Official

By Julia Fioretti BRUSSELS (Reuters) – A new data transfer pact between the European Union and Washington will give the EU the right to pull the plug on the deal if it fears the United States is not safeguarding privacy enough, the EU Justice Commissioner said on Thursday. A previous transatlantic data transfer framework, Safe Harbour, was struck down on Oct. 6 by the European Union's top court because of worries about mass U.S.

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Internet firms must store usage data for one year: UK surveillance bill

Internet companies will have to store customer usage data for up to a year according to a new bill the British government will present to parliament on Wednesday, local newspapers reported. Britain's Investigatory Powers Bill, a renewed attempt to give security agencies powers to track online communications, will also tackle criticism from privacy campaigners by including assurances that any access of so-called Internet connection records would need judicial authorization, the Guardian said.

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Former U.S. spy agency contractor Snowden draws crowd with Twitter debut

By Bill Trott WASHINGTON (Reuters) – Edward Snowden has come in from the cold – on Twitter. Snowden, the fugitive former National Security Agency contractor who leaked details about the U.S.

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Top U.S. spy says skeptical about U.S.-China cyber agreement

By Andrea Shalal WASHINGTON (Reuters) – The top U.S. intelligence official said he was skeptical that a new U.S.-China cyber agreement would slow a growing torrent of cyber attacks on U.S. computer networks, adding that his approach will be to “trust but verify.” Director of National Intelligence James Clapper told the Senate Armed Services Committee on Tuesday that the agreement did not include specific penalties for violations but that the U.S

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Investors still in the dark as cyber threat grows

By Simon Jessop and Ross Kerber LONDON/BOSTON (Reuters) – Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem.

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