Facebook is to be fined £500,000, the maximum amount possible, for its part in the Cambridge Analytica scandal, UK’s Information Commissioner has announced. The fine is for two breaches of the Data Protection Act. The Information Commissioner’s Office (ICO) concluded that Facebook failed to safeguard its users’ information and that it failed to be transparent about how that data was ... Read More »
Small and midsize businesses face a unique set of challenges when addressing compliance with the EU’s General Data Protection Regulation. In many ways they’re under more pressure than larger firms because resources are usually limited, making penalties for noncompliance potentially disastrous. Allocating enough money to overhaul content procedures can limit opportunities for short term growth. In fact, a recent survey ... Read More »
The Justice BN Srikrishna-led committee on data protection created by the Centre will submit its report on July 15. The announcement was made by former Supreme Court judge Srikrishna on June 29. The committee was formed in July 2017 by the government to deliberate on a data protection framework for the country. Secretary, Department of Telecom (DoT) Aruna Sundararajan, CEO ... Read More »
Facebook last week acknowledged a software glitch that changed the settings of some 14 million users, potentially making some posts public even if they were intended to be private. The news marked the latest in a series of privacy embarrassments for the world’s biggest social network, which has faced a firestorm over the hijacking of personal data on tens of ... Read More »
China has dedicated itself to collecting information on its citizens, however the country is now emerging as a surprise leader in Asia on data privacy rules. Lawyers say that Europe’s General Data Protection Regulation, which came into effect this month, has prompted many Asian regulators and corporations to ensure that the tough new rules do not jeopardise global flows of ... Read More »
Just days into GDPR, tech companies already face legal tussles over consent. However tech companies are not alone as a herd of German lawyers has started to pester SMEs with cease and desist orders. Leading the pack is Austrian Privacy activist Schrems who filed GDPR Complaints Against Google, Facebook, Instagram and WhatsApp, alleging that they are forcing users to consent ... Read More »
According to a report by the DMA and Acxiom, learning about the details of the GDPR will lead to a majority of people having greater confidence in sharing data with companies and organizations. In fact, 62% of the 1,000 respondents said that this was the case. The survey participants were shown new GDPR laws became enforceable on 25th May and were ... Read More »
Cyber Insurance is designed to help an organisation or individual mitigate the risk of a cyber-related security breach by offsetting the costs involved with recovery. The Australian government released a report in 2015 that stated that the average cost for a cyber-attack was $276,323. The report also found that 33% of businesses in Australia experienced cyber-crime in 2014, and that ... Read More »
For days our email boxes are full of uninformed re-consent emails. “Hopefully sanity will return shortly!” stated Mike Bradford, in a recent message to BIIA and his clients. He also stated: “Ironically this is what is stoking the media’s interest rather than GDPR itself. 90% plus of the re-confirm emails I’ve received weren’t necessary.” UK Data Protection Act: Even the ... Read More »
Former Cloudability Asia Pacific general manager Craig Deveson and former head of programmatic and digital entrepreneurship at Coles Michael Twomey have teamed up to launch a new tech start-up aimed at sorting out customer data for enterprises. The new company, Soow – pronounced “Sow” – was officially launched at the Myriad Festival 2018 in Brisbane, where the start-up is headquartered, ... Read More »
The Data Protection Bill will go through Parliament without an amendment calling for a second Leveson inquiry, as peers backed down today after weeks of ping-ponging between the two Houses. Labour MPs and peers had pushed for an amendment to the Bill which would have meant an inquiry being established into allegations of data protection breaches committed by or on ... Read More »
Stephen Wong Kai-yi, the head of Hong Kong’s data privacy watchdog, stated recently that he would review a 22-year-old data protection law following a series of “major data leaks” in the city that affected more than half a million people. Apart from a recent hack into an inactive database owned by Hong Kong Broadband Network (HKBN) that held information on ... Read More »
This contribution by our partner organization Cyber Security Intelligence is just one of many opinions. If it is true that 6% of organizations will be fully compliant for GDPR, the regulatory system will be overwhelmed by non-compliant cases. Since the focus will be on large companies first, smaller companies may not be inspected for a while. However this is just ... Read More »
Coming soon: The Social Media Privacy Protection and Consumer Rights Act and the industry can thank Mr. Zuckerberg for that! Sens. Amy Klobuchar (D-Minn.) and John Kennedy (R-La.) introduced a bipartisan internet privacy bill that would give users more control over what websites can do with their data. The new bill, the Social Media Privacy Protection and Consumer Rights Act, comes just weeks after ... Read More »
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