Dating search firms
Universities are very likely to have broken the law if they sent alumni data to wealth screening firms without their consent, or without them reasonably expecting that this would happen.
Some admit they did not get permission, but say they explain how they share data in statements published on the internet.
At least 90 universities have hired investigators to snoop on alumni, it can be revealed.
They have sent more than ten million records to wealth screening firms to find out about ex-students’ finances and target the richest for donations.
And, as a testament to Bitcoin’s status as an increasingly mainstream financial asset, Pw C is following EY’s lead in accepting payments in Bitcoin.
Bitcoin and its blockchain technology are becoming so pervasive throughout business, finance, and industry that corporations, no matter how big or small, cannot avoid doing business that is, either directly or indirectly, related to Bitcoin and its technology.
KPMG is also providing advisory services related to the cryptocurrency ecosystem, such as blockchain solutions and ICOs.
Recently, in November 2017, KPMG joined the Crypto Valley Association as a first partner.
The Prime Minister’s spokesman said: ‘The reports are obviously very concerning …Universities such as Cambridge (pictured), Southampton and Brunel have targetted former students for sizeable donations Tory MP Philip Hollobone said: ‘Alumni will be very concerned that their personal details appear to be available to all and sundry.’The universities said they follow ‘best practice’ requirements set by watchdogs. A spokesman for umbrella group Universities UK said alumni were told about wealth screening in privacy notices, adding: ‘Universities take data protection responsibilities seriously and follow the law.’Prospecting for Gold denied snooping and said the research it does is legal.In their quest to gain supremacy in the cryptocurrency ecosystem, the Big Four accounting firms (Deloitte, EY, Pw C, and KPMG) are focusing their strategies and shaping their services to better respond to their customers’ demands.The other Big Four firms (Deloitte, EY, and KPMG) are also eager to keep up with the transformations driven by Bitcoin and its blockchain technology.For example, to promote Bitcoin’s adoption, EY made available ATMs at the World Web Forum for donations to Avatar Kids in January 2015.
Of 119 that responded to freedom of information requests, 90 admitted passing on alumni data to the companies.