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EU parliament exclude shale gas from tougher environmental code

2014-03-12 16:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: EU politicians on Wednesday voted for tougher rules on exposing the environmental impact of oil and conventional gas exploration, while excluding shale gas. Member states such as Britain and Poland are pushing hard for the development of shale gas, seen as one way to lessen dependence on Russian gas, as well as to lower energy costs as it has in the United States. The plenary vote of the European Parliament in Strasbourg, France follows a compromise deal on the draft law in December, which...

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EU Parliament approves tougher data protection regulation

2014-03-12 15:20:00| Telecompaper Headlines

(Telecompaper) The European Parliament has adopted a draft regulation preparing the way for stronger personal data protection in the EU. The text approved by the plenary session on first reading was identical to that passed by the Parliament's Committee on Civil Liberties, Justice and Home Affairs last October. The Parliament said in a statement that the aim was to consolidate the work so far on reforming data protection, so that the new Parliament taking office after elections in May does not need to start from scratch. The EU Council, which has the final say on the legislation, decided already last autumn that the data protection reform would not make it through the current parliamentary session and set a deadline of 2015 for passing the law. EU states have been divided on the law, as some like the UK fear the proposal creates an increased regulatory burden for businesses, especially those operating online and internationally, and other countries, such as Germany, want stronger protection for personal privacy. Designed to replace the existing data protection directive from 1995, the new law aims to give consumers greater control over how their personal data is used, especially online. It also extends EU regulations to businesses based outside the region and handling data on EU residents. Firms violating the rules would face fines up to EUR 100 million or 5 percent of annual turnover. 

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Korea subsidy row sees telcos threatened with tougher sanctions

2014-03-06 01:00:00| Total Telecom industry news

ICT minister calls on carriers to compete via improved technology, overseas expansion.

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Gameover malware tougher to kill with new rootkit component

2014-02-28 21:12:16| InfoWorld: Top News

A new variant of the Gameover malware that steals online banking credentials comes with a kernel-level rootkit that makes it significantly harder to remove, according to security researchers from Sophos. Gameover is a computer Trojan based on the infamous Zeus banking malware whose source code was leaked on the Internet in 2011. Gameover stands apart from other Zeus-based Trojan programs because it uses peer-to-peer technology for command and control instead of traditional servers, making it more resilient to takedown attempts.

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Money lenders face tougher rules

2014-02-28 12:32:32| BBC News | Business | UK Edition

A much tougher approach to the regulation of money lending is being promised by the Financial Conduct Authority (FCA).

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