Published by Global Banking & Finance Review®
Posted on October 1, 2025
1 min readLast updated: January 21, 2026
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The UK government has issued a new order to Apple to access British users' cloud data, challenging encryption policies despite previous claims of abandoned efforts.
(Reuters) -Britain's government has issued a new order to Apple to create a backdoor into its cloud storage service, this time targeting only British users' data, despite U.S. claims that Britain had abandoned all attempts to break the tech giant's encryption, the Financial Times reported on Wednesday.
(Reporting by Jaspreet Singh in BengaluruEditing by Tomasz Janowski)
Cloud data refers to data that is stored on remote servers accessed via the internet, allowing users to store and manage their data without needing local storage.
Encryption is the process of converting information or data into a code to prevent unauthorized access, ensuring that only authorized users can read the information.
A backdoor is a method of bypassing normal authentication or encryption in a computer system, often used by hackers to gain unauthorized access.
Compliance in finance refers to the process of adhering to laws, regulations, and guidelines set by governing bodies to ensure ethical and legal conduct in financial practices.
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