30 August 2017
Block chain: Is the GDPR out of date already?
The General Data Protection Regulation (“GDPR”) amounts to a significant overhaul of existing data protection regulation and is designed to be ‘technology neutral’. However, how the GDPR will cope with emerging block chain technology and a move towards the decentralisation of data storage remains to be seen.
14 June 2017
Bridging loan over troubled water? Tips for a quicker and easier refinance
Bridging loans are short term, high interest loans that can be a useful resource to access funds quickly, at a price. Usually the main priority for our clients seeking to take out bridging loans is to drawdown funds quickly. In this blog we aim to share a few tips with borrowers who are considering bridging finance on how to achieve a smoother, quicker and easier refinance. Refinancing will never be stress free, but it can certainly be less stressful if you keep in mind these tips.
5 June 2017
Borrower Beware – Tips for Borrowers
Shakespeare penned the phrase “Neither a borrower nor a lender be” over 400 years ago as a warning that lending arrangements between friends can be damaging to personal relationships. However, borrowing money in any circumstance can become risky if the terms of a loan are not properly understood and negotiated at the outset.
With this in mind, we have prepared a short summary of key points to consider by a borrower when seeking debt funding.
24 May 2017
Cyber-security, ransomware and the GDPR
One in five NHS Trusts were hit by a cyber-attack known as “Wannacry” on 12 May 2017 leading to PCs and data being locked up and held for ransom. The malicious ransomware known as WanaCrypt0r has hit companies and other organisations, from Russia to Australia, and Europol estimated there had been 200,000 victims in at least 150 countries. It was alleged that NHS networks were left vulnerable because they were using outdated Windows XP software, which is no longer supported by Microsoft, and therefore security upgrades had not been installed. The National Cyber Security Centre warned that more cases of the ransomware were expected to come to light beyond the NHS and “possibly at a significant scale”.
11 May 2017
Driverless Cars: is the law still playing catch-up?
We published a blog last year about Uber’s pilot and driverless cars and, at that point, it seemed straight out of the pages of a science fiction novel, but driverless cars are now well and truly amongst us, and it seems that everyone is jumping on the band wagon.