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- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
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- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
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- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Microsoft Agrees to Windows 10 Adjustments with Swiss Data Regulator
Switzerland's Federal Data Protection and Information Commissioner (FDPIC) concluded an investigation into Microsoft’s Windows 10 operating system, following the U.S. company’s decision to adopt recommendations for improving data processing transparency. The Swiss regulator’s investigation had found data protection gaps under Swiss law.
"The technical implementation of the modifications requested by the FDPIC will be carried out worldwide as part of the two Windows 10 software releases planned for 2017," the FDPIC said.
In its 2015-2016 annual report, the FDPIC said the system's quick installation or "get going fast" option automatically activated nearly all data transfer and access processes, which meant user data, including location details, browser and search history, keyboard entries and nearby WiFi networks, automatically went to Microsoft.
In concluding its investigation, the FDPIC said the Windows 10 "quick access" and "customize settings" pages had not fully met transparency requirements. Information was lacking on the content of browser, feedback and diagnostic data, as well as on the length of time that transmitted data would be stored, it said.