Data Protection & Privacy – Page 63
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ebookHow innovators outperform competitors in banking
2021 will be a hard year for the financial sector. The winning strategy is to accelerate digital transformation: build on customer trust and establish true data-centricity by developing synthetic data capabilities to produce accurate and privacy-compliant synthetic truths to be used as drop-in placement for sensitive, raw data.
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NewsUS mortgage lender agrees to pay $1.5m penalty after failing to report cyber breach
Residential Mortgage Services (RMS) has agreed with New York state’s Department of Financial Services to pay $1.5m after failing to report a cyber breach.
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NewsMalaysia Airlines passengers’ data compromised for almost a decade
Personal details of Malaysia Airlines’ Enrich frequent flyer programme members were exposed in a security breach via a third-party IT service provider lasting from March 2010 through to June 2019, it has emerged.
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NewsVirginia becomes second US state to enact comprehensive data privacy law
Virginia’s Consumer Data Protection Act, which will force companies to give consumers the right to opt out of data collection, has this week been signed into law.
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NewsBusiness Update: “We’ve proven that privacy is a powerful enabler” - Identiq raises $47M in Series A funding
The world’s first anonymous identity validation network announce series A funding to accelerate its network growth, poising them to to become the world’s largest identity validation network. (press release)
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NewsCJEU rules electronic communication location data must only be used in investigations of ’serious crime’
Location data drawn from electronic communications must only be used by law enforcement investigations involving ‘serious crimes’ and to prevent ‘serious threats to public security’, the European Court of Justice (CJEU) has ruled.
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AnalysisData adequacy: a flawed concept?
Following Schrems and Brexit, international data-sharing and the concept of adequacy has dominated much of the global news on data protection. But is adequacy itself a flawed concept? Marty Abrams explains why he thinks we need a better alternative
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NewsBusiness Update: Arcserve unveils Unified Data Protection 8.0
”Organizations are looking for comprehensive solutions that address both data protection and data security holistically” - Arcserve Unified Data Protection 8.0 does just that. (press release)
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NewsGDPR ‘out of date’ and needs revising, says one of its architects
Europe’s data protection laws need updating to take into account increased remote working and new technologies, according to a politician who was a driving force behind the legislation.
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NewsBusiness Update: UK cyber security boss calls on more women to join her
Jane Chappell of Arcanum Cyber Security hopes to inspire a new generation of women to enter the traditionally male-dominated field. (press release)
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NewsBusiness Update: IDnow acquires identity Trust Management AG
IDnow announces acquisition of a leading international provider of digital and offline identification solutions from Germany, identy Trust Management AG to create a differentiated identity verification platform. (press release)
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NewsBusiness Update: IBM Cloud Satellite enables clients to deliver cloud securely in any environment
Howard Boville, Head of IBM Hybrid Cloud Platform has said “With IBM Cloud Satellite, clients can securely gain the benefits of cloud services anywhere, from the core of the data center to the farthest reaches of the network.” (press release)
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NewsUK minister signals divergence: 'EU doesn’t hold the monopoly on data protection'
A United Kingdom government minister has signalled the country is likely to diverge from the European Union on data protection.
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NewsBusiness Update: OneTrust acquires DocuVision’s Redacted.ai to expand automated data redaction
The combined technology will deliver the first fully automated data subject rights workflow including intake, ID verification, discovery, redaction, and secure response. (press release)
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NewsLuxembourg’s privacy commissioner defends lack of GDPR fines
A commissioner at the Luxembourg data protection agency has defended the lack of fines for General Data Protection Regulator (GDPR) breaches in the country, where many multi-national businesses are based.
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NewsFacebook to pay $650m to settle privacy dispute over photo-tagging
A United States federal judge has reportedly approved Facebook’s $650 million payment to settle a class action privacy lawsuit with 1.6 million users in the state of Illinois
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NewsBusiness Update: Assured Data Protection partners with Confluera
Data Protection Specialist has partnered with leading XDR Provider to deliver a comprehensive cloud data management solution. (press release)
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WebinarTop Privacy Priorities for 2021
2020 was a whirlwind for privacy — with a pandemic, the invalidation of the EU-U.S. Privacy Shield brought about by the “Schrems II” ruling, and the state of California continues to push privacy regulation to the forefront in the U.S., the importance of data protection continues to grow globally 2021 continues.
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NewsBusiness Update: Veeam releases new V11 with 200+ enhancements
Veeam have announced the release of V11, creating the most advanced data protection solution for Cloud, Virtual, Physical and Enterprise workloads. (press release)
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BlogThe EU’s UK adequacy decision should not be seen as a cast-iron permanent solution
Businesses breathed a sigh of relief last week when the European Union issued a draft adequacy decision guaranteeing the continued free flow of personal data between the EU and UK. Muzaffar Shah argues however that potential regulatory divergence and legal precedent point to an uncertain future for the arrangement.
