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With a major Chinese smartphone maker on the rocks following US sanctions, the trade spat between Washington and Beijing appears to be taking a turn for the worse for tech firms in the two global economic powerhouses.

The UK's Information Commissioners Office (ICO -- the data protection regulator) has published detailed guidance (PDF) on 'consent' within the General Data Protection Regulation. Since the UK is still in the European Union, the document provides a reasonable analysis of what is one of the trickiest aspects of GDPR.

Recently detected campaigns using the Panda Banker malware are targeting financial institutions worldwide, with those in the United States taking the largest hit, F5 reports.

Symantec announced its fourth quarter and full year financial results on Thursday and while its revenue has increased, the cybersecurity firm’s stock dropped roughly 20% after it revealed that an internal investigation will likely delay its annual report to the U.S. Securities and Exchange Commission (SEC).

Serverless application security firm Protego Labs announced Wednesday that it has raised $2 million seed funding from a group of investors led by Ron Gula of Gula Tech Adventures, Glilot Capital Partners, and the MetroSITE Group of security industry pioneers, including former RSA CTO, Tim Belcher.

SAP this week released its May 2018 set of security patches to address more than a dozen vulnerabilities across its product portfolio, including four bugs in Internet Graphics Server.

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