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Data Protection – Privacy

B20 Policy Recommendations: Shaping an Interconnected World

On May 3rd, 2017, the B20 has officially handed over its Policy Recommendations to German Chancellor Angela Merkel at the B20 Summit in Berlin. The recommendations are the product of a yearlong process of our seven Taskforces and Cross-thematic Groups, which comprise over 700 members from all G20 economies. Developed under the theme “Building Resilience – Improving Sustainability – Assuming ... Read More »

Data Breaches Attack All Parts Of A Business

Data breaches are an enterprise problem involving legal counsel, human resources, corporate communications and other incident response (IR) stakeholders, say Verizon. This is based on Verizon’s Data Breach Directory (DBD) case files that provide most of the data for its Data Breach Investigations Report (DBIR), and the latest report lists the 16 most common or lethal data breach scenarios from the point ... Read More »

Data Quality Issues are Impacting Consumer Trust and Perception

Data has transformed the way the world conducts business, but a new global business survey, commissioned by Experian, has found that many companies are still struggling to keep pace with customer expectations and increased scrutiny. Seven in 10 (72%) of companies said that data quality issues had affected trust and perception by their customers, who are increasingly aware of the ... Read More »

Hong Kong’s 3.7 Million Voters Exposed in Massive Data Breach

Hong Kong might just have experienced its biggest ever data breach after the personal details of the Special Administrative Region (SAR)’s 3.7 million voters were stolen on two laptops. The details are said to have included ID card numbers, addresses and mobile phone numbers. They were stored on two laptops in a locked room at the AsiaWorld-Expo conference center near ... Read More »

Australia Adopts Law on Mandatory Data Breach Notification

The Privacy Amendment (Notifiable Data Breaches) Bill 2016 passed both Houses of Parliament on 13 February. Unless the Government fixes a date for commencement by Proclamation, the law will enter into force 12 months from the date the Bill receives Royal Assent.  The following is the official statement from Australian Privacy and Information Commissioner, Timothy Pilgrim: “I welcome the passage ... Read More »

New China Cyber Security Law Comes with Data Protection Implications

On June 1, 2017, Chinese consumers and businesses, including financial institutions, will wake up to a more stringent set of rules regarding the creation and use of personal data. The new PRC Cybersecurity Law was passed after a third deliberation suggesting the extent to which the government sees the important of the Internet while recognizing the real threat posed it. ... Read More »

Forrester: Navigating Change: 2017 Predictions

The consequences of today’s customer-led, digital-centric market are becoming clear: great change is upon us (and already happening in some cases). Forrester’s 2017 predictions reveal the big business and leadership, customer experience, and technology changes we anticipate in the coming year — and what to do about them. Business and leadership  The necessary and unavoidable changes to leadership and talent ... Read More »

Experian Survey: Is There An Identity Thief Masquerading As Your Child?

An Experian survey of parents’ awareness of child identity theft shows they need more education about the risks —that is, if they aren’t fraudulently using their children’s identities already Halloween is right around the corner and kids are getting ready to celebrate by dressing up as their favorite characters. Unfortunately, identity thieves can also “dress up,” stealing children’s identities and ... Read More »

Cyber Security:  It is all about Trust!

FICO Survey:  One in Three US Millennials Have Closed All Bank Accounts after a Fraud Incident 22 percent of US consumers will close an account after a fraud incident, while 29 percent of Millennials will close all accounts with that bank, according to a new FICO survey. 14 percent of US consumers say they have written a negative social media ... Read More »

South Korea Enacts Stricter Penalties for Data Protection Violations

South Korea has enacted stricter penalties for violations of data protection or privacy requirements by telecommunications and online service providers, including potentially steep damages in the wake of a data breach. The amendment (the “Amendment”) to South Korea’s Act on the Promotion of IT Network Use and Information Protection (“Network Act”) became law on March 22, 2016 and will become ... Read More »

Transparency at Bay:  Another Disaster for Fiji – This One Man Made?

Fiji Credit Bureau Closed by Government Fiat without Prior Public Consultation. Lending Community is Perplexed – Lending to Individuals and Businesses Likely to be Impaired On Tuesday the 26th of April the Minister for Finance announced  that the Government was moving to pass a Bill which would regulate credit reporting agencies in the country and advised that the Bill would ... Read More »

Poor Privacy Practices Will Kill Your Business

Fatemeh Khatibloo spoke about Contextual Privacy at the BIIA 10th Anniversary Business Information Conference last year.   Fatemeh sent us an excerpt of an updated Forrester Research report in which she accentuates her previous message to our members and their clients. The Risk: Poor Privacy Practices Will Kill Your Business Maybe you don’t believe you can or should differentiate on ... Read More »