Shakira acquitted of tax fraud in Spain – Good Morning America

Music superstar Shakira was acquitted of tax fraud in a new ruling released Monday by Spain’s national court.

The court ordered Spanish authorities to repay Shakira more than $60 million from the yearslong legal battle.

The ruling was based on an appeal from Shakira’s legal team, which argued the Grammy winner was not a full-time resident of Spain in 2011 and therefore did not owe taxes to the government for that year.

The court ruled that Shakira spent 163 days in Spain that year, not the minimum 183 days required under Spanish law to pay income taxes. The court also said the tax agency failed to prove that Shakira “maintained her center of economic interests in Spain, or that she had family ties with residents in the country.”

Spain’s Ministry of…

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IT & DATA SECURITY (MITIGATING THE “INSIDER THREAT”)

As seen in the TD Bank case, an employee with too much “access” can sell your customer data to syndicates.

• Principle of Least Privilege (PoLP): Employees should only have access to the specific folders and databases required for their current task.
• Access Revocation: Have a “Termination Checklist” that ensures all digital access (Email, VPN, Banking) is revoked within 60 minutes of an employee resigning or being dismissed.
• System Logs & Audit Trails: Enable “Read/Write Logging” on your server. If a customer’s data is leaked, you need to know exactly which login accessed that record and at what time.
• Encryption at Rest: Ensure that sensitive files (like your customer ID numbers or payroll spreadsheets) are encrypted so that if a staff member copies them to a USB, they cannot be read.