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Data Protection – Privacy

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 »

The Future of Big Data – Some Predictions

Almost everyone can agree that big data has taken the business world by storm, but what’s next?  Will data continue to grow?  What technologies will develop around it?  Or will big data become a relic as quickly as the next trend — cognitive technology?  fast data? –  appears on the horizon. Let’s look at some of the predictions from the ... Read More »

German Data Protection:   Consumer Law Creating New DP Rights Effective Now

Germany’s “Act to Improve the Civil Enforcement of Consumer Protection Provisions of Data Protection Law”, published on 17 February and entering into force today, 24 February 2016, enables consumer protection associations to file privacy cases in court on behalf of individuals. Not-for-profit consumer protection organizations may start court actions in cases of data protection violations in the fields of advertising ... Read More »

Cyber Security: The Dismal State of Payment Data Security

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organizations to improve their payment data security practices. This is according to a recent survey of more than 3,700 IT security practitioners from more than a dozen major industry sectors conducted by the Ponemon Institute ... Read More »

EU Data Protection Regulations Compliance: How Good is Your Compliance?

Regulatory Strategies is seeing an increased awareness in clients looking to assess their current data protection compliance position and look at a gap analysis between where they are now and where they will need to be under the new EU data protection regulation. To help with this regard Regulatory Strategies have developed two new tools: An update to our ‘Health-check’ ... Read More »

EU-US Safe Harbor Framework Replaced by EU-US Privacy Shield

The European Commission and the United States have agreed on a new framework for transatlantic data flows: the EU-US Privacy Shield. Today February 2, 2016, the College of Commissioners approved the political agreement reached and has mandated Vice-President Ansip and Commissioner Jourová to prepare the necessary steps to put in place the new arrangement. This new framework will protect the fundamental rights of ... Read More »