DIRS.INFO The most relevant business & tech news

☆ Comply with EU rules or face ban, Breton tells TikTok CEO
▼ + stars: | 2023-01-19 | by ( Supantha Mukherjee | ) www.reuters.com time to read: +2 min

"We will not hesitate to adopt the full scope of sanctions to protect our citizens if audits do not show full compliance," Breton said. TikTok said in response that it was committed to the DSA, and had also outlined its efforts to comply with other EU legislation, such as GDPR data protections rules and a code of practice on disinformation. "The safety of our users is paramount," Caroline Greer, TikTok's director of public policy and government relations, tweeted. It is not acceptable that behind seemingly fun and harmless features, it takes users seconds to access harmful and sometimes even life-threatening content," Breton said. "The DSA includes dissuasive sanctions including a ban in the EU in case of repeated serious breaches threatening the life or safety of people," he said.

☆ TikTok CEO, EU's Vestager chatted about data harvesting, spying
▼ + stars: | 2023-01-10 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

BRUSSELS, Jan 10 (Reuters) - TikTok Chief Executive Shou Zi Chew and the EU antitrust chief Margrethe Vestager discussed on Tuesday "aggressive" data harvesting and surveillance in the United States, the European Commission said. The short-video app, which is owned by Chinese technology conglomerate ByteDance, last month admitted that some of its employees improperly accessed TikTok user data of two journalists to try to identify the source of information leaks to the media. "At the meeting the parties also discussed GDPR (General Data Protection Regulation) and matters of privacy and data transfer obligations with a reference to the recent press reporting on aggressive data harvesting and surveillance in the U.S," it said. Chew is scheduled to meet Values and Transparency Commissioner Vera Jourova and Home Affairs Commissioner Ylva Johansson after Vestager. Reporting by Foo Yun Chee; Editing by Frank Jack DanielOur Standards: The Thomson Reuters Trust Principles.

☆ Meta plans to appeal $414 million fine amid row over consent for ad tracking
▼ + stars: | 2023-01-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Meta was fined $414 million by Ireland's Data Protection Commission on Wednesday. Max Schrems, who submitted the complaint, told Insider Meta will need to ask for users' consent. The company was hit with two fines on Wednesday – one for Facebook and one for Instagram – by Ireland's Data Protection Commission for violating the Europe's General Data Protection Regulation (GDPR) laws. This refers to one of the GDPR act's six legal bases for processing users' data. The European Commission and Irish Data Protection Commission did not immediately respond to requests for comment from Insider.

☆ Hackers post email addresses linked to 200 million Twitter accounts, security researchers say
▼ + stars: | 2023-01-05 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

CNN —Email addresses linked to more than 200 million Twitter profiles are currently circulating on underground hacker forums, security experts say. The apparent data leak could expose the real-life identities of anonymous Twitter users and make it easier for criminals to hijack Twitter accounts, the experts warned, or even victims’ accounts on other websites. The trove of leaked records also includes Twitter users’ names, account handles, follower numbers and the dates the accounts were created, according to forum listings reviewed by security researchers and shared with CNN. Troy Hunt, a security researcher, said Thursday that his analysis of the data “found 211,524,284 unique email addresses” that had been leaked. The account data could also be valuable to hackers who can use the information as part of password-reset attempts and account takeovers.

☆ Meta fined $414 million in latest European privacy crackdown
▼ + stars: | 2023-01-04 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

Meta and other Big Tech companies have come under pressure from the European Union’s privacy rules, which are some of the world’s strictest. The Irish watchdog — Meta’s lead European data privacy regulator because its regional headquarters is in Dublin — fined the company 210 million euros for violations of E.U. data privacy rules involving Facebook and an additional 180 million euros for breaches involving Instagram. The decision stems from complaints filed in May 2018 when the 27-nation bloc’s privacy rules, known as the General Data Protection Regulation, or GDPR, took effect. privacy rules.

☆ Meta fined more than $400 million by Irish regulator over EU privacy breaches
▼ + stars: | 2023-01-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. Facebook parent company Meta on Wednesday was slapped with a pair of fines totaling more than $400 million as the Irish privacy regulator concluded the company's advertising and data handling practices were in breach of EU privacy laws. Combined, the penalties amount to 390 million euros ($414 million). The fines mark the conclusion of two lengthy investigations into Meta by the Irish regulator, which had been criticized over delays in the process. Meta was not immediately available for comment when contacted by CNBC Wednesday.

☆ Meat bans, soaring gold prices and ‘un-Brexit’? One bank's ‘outrageous’ predictions for 2023
▼ + stars: | 2022-12-25 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +5 min

Meat bans, soaring gold prices and Britain voting to 'un–Brexit' could be on the cards for 2023, according to Saxo's Outrageous Predictions. Bloomberg / Contributor / Getty ImagesSaxo Bank's "outrageous predictions" for 2023 include a ban on meat production, skyrocketing gold prices and Britain voting to "un-Brexit." "I think gold is going to fly," he added. Meat production to be banned Meat is responsible for 57% of emissions from food production, according to research published by Nature Food, and with countries across the world having made net-zero commitments, Saxo says it is possible at least one country could cut out meat production entirely. Meat is responsible for 57% of emissions from food production, according to research published by Nature Food.

☆ Data privacy rules are sweeping across the globe, and getting stricter
▼ + stars: | 2022-12-22 | by ( Bob Violino | ) www.cnbc.com time to read: +5 min

Businesses, especially those in highly regulated sectors such as financial services, health care and government — and those that operate in multiple countries — are faced with a growing number of data privacy regulations. "Our research counts about 100 countries around the world that have some form of data privacy or security rules in place," Iannopollo said. The most prominent regulation now, the American Data Privacy and Protection Act, has the attention of most of the privacy world but is looking less likely to pass Congress, O'Leary said. "Organizations must identify the data that falls within the scope of the rules," Iannopollo said. Along with the focus on data minimization, organizations should enhance their abilities in data discovery and mapping, O'Leary said.

The phased rollout of its “EU data boundary” will apply to all of its core cloud services – Azure, Microsoft 365, Dynamics 365 and Power BI platform. Big businesses have become increasingly anxious about the international flow of customer data since the EU introduced the General Data Protection Regulation (GDPR) in 2018, which protects user privacy. "The first phase will be customer data. And then as we move into the next phases, we will be moving logging data, service data and other kind of data into the boundary," she said. Microsoft has previously said it would challenge government requests for customer data, and that it would financially compensate any customer whose data it shared in breach of GDPR.

☆ Apple made a big move into women’s health just as startups go through a funding winter. 4 health investors and founders predict who’ll survive.
▼ + stars: | 2022-12-07 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +6 min

The tech giant's moves into women's health coincides with a funding winter for startups in the sector. Insider spoke to VCs about the challenges and opportunities this creates for women's health startups. When Apple rolled out the Apple Watch Series 8 in September this year, it cemented its growing footprint in the global women's health market. The aim is to give consumers a more consolidated view of their health data, an Apple representative said — but it's a step that could spell trouble for women's health startups. Funding into women's health has taken a dipThe tech giant's gradual monopoly over health data comes at a time when its apparent competitors — consumer women's health startups — are feeling the tech downturn.

The Irish data protection agency, which oversees Meta because its European headquarters is located in Dublin, has been given a month to issue a ruling based on the European Data Protection Board's (EDPB) binding decision. The Irish case against Meta was triggered by a complaint by Austrian privacy activist Max Schrems in 2018. The 27-country bloc's landmark privacy rules known as the General Data Protection Regulation went into effect in 2018. We have one month to adopt the EDPB's binding decisions and will publish details then," the Irish Data Protection Commission said. Meta may have to change its business model, said Helena Brown, head of data & privacy at London-based law firm Addleshaw Goddard.

☆ Irish regulator fines Meta $275 million for violations of Europe’s data privacy law
▼ + stars: | 2022-11-28 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN Business —Meta has been fined roughly $275 million by Ireland’s data privacy regulator for failing to prevent hackers from siphoning off personal information from more than 500 million Facebook users in a 2019 data leak. Since the fall of 2021, Ireland’s DPC has slapped Meta with 912 million euros in fines, going after the social media titan and its other subsidiaries, Instagram and WhatsApp, for alleged violations of Europe’s signature data privacy law, known as the General Data Protection Regulation (GDPR). Earlier this fall, Meta was hit with a 405 million euro fine over Instagram’s handling of children’s data, the second-largest GDPR fine in history. Other enforcement actions, in March 2022 and September 2021, led to fines of 17 million euros and 225 million euros, respectively. “Protecting the privacy and security of people’s data is fundamental to how our business works,” Meta said in Monday’s statement.

☆ Irish privacy regulator fines Facebook 265 mln euros
▼ + stars: | 2022-11-28 | by ( Padraic Halpin | ) www.reuters.com time to read: +2 min

DUBLIN, Nov 28 (Reuters) - Ireland's data privacy regulator imposed a 265 million euro ($277 million) fine on social media giant Facebook on Monday, bringing the total it has fined parent group Meta (META.O) to almost 1 billion euros. It is Meta's lead privacy regulator within the European Union, and has 13 more inquiries into the social media group outstanding. In September the watchdog hit its Instagram subsidiary with a record fine of 405 million euros, which Meta plans to appeal. The DPC said mitigating factors in Monday's decision - which had been approved by all other relevant EU regulators - included the actions Facebook had taken. "We'll keep going until the behaviour does change," Ireland's Data Privacy Commissioner (DPC) Helen Dixon told Irish national broadcaster RTE on Monday.

☆ Musk plans to relaunch Twitter premium service, again
▼ + stars: | 2022-11-25 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

LONDON — Elon Musk said Friday that Twitter plans to relaunch its premium service that will offer different colored check marks to accounts next week, in a fresh move to revamp the service after a previous attempt backfired. Twitter previously suspended the premium service, which under Musk granted blue-check labels to anyone paying $8 a month, because of a wave of imposter accounts. Originally, the blue check was given to government entities, corporations, celebrities and journalists verified by the platform to prevent impersonation. In the latest version, companies will get a gold check, governments will get a gray check, and individuals who pay for the service, whether or not they’re celebrities, will get a blue check, Musk said Friday. It’s also likely to put the company on a crash course with European regulators seeking to clamp down on harmful online content with tough new rules.

☆ U.K. Government Seeks Further Easing of Data Protection Rules
▼ + stars: | 2022-11-17 | by ( Catherine Stupp | ) www.wsj.com time to read: +3 min

If U.K. data protection law strays too far from the European Union’s General Data Protection Regulation, however, an existing legal deal known as an adequacy agreement between the two jurisdictions could be jeopardized, privacy experts say. Relaxing some data rules could save the U.K. an estimated £12 billion, equivalent to $14 billion, each year, Mr. Rowland said. The U.K. has had two changes of government since data laws were proposed this summer. The EU officials who oversee the arrangement have said they could suspend the system if British data protection laws change too dramatically. The draft data protection legislation would loosen some aspects of the GDPR such as requirements for companies to obtain permission from individuals for their data to be tracked online.

☆ TikTok makes clear European data can be accessed by China-based employees
▼ + stars: | 2022-11-03 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN Business —TikTok updated its privacy policies for European users on Tuesday, adding explicit disclosures that personal data from the app may be viewed by employees in China. The announcement, which TikTok said was aimed at providing greater transparency, applies to users in the European Economic Area, the UK and Switzerland — not the United States, though TikTok said it does store European users’ data in the US and in Singapore. In addition to China, TikTok data may be handled by employees in countries including Brazil, Canada, Israel, Japan, Malaysia, the Philippines, Singapore, South Korea and the US, the company said. TikTok has also migrated US user data from proprietary servers in the US and Singapore to cloud-based servers hosted by Oracle. But that has not dampened criticism that user data could still be accessed by China-based individuals subject to that country’s security laws, a practice TikTok would not commit to stopping and further emphasized would continue with Tuesday’s European policy update.

☆ White House Issues ‘Blueprint for an AI Bill of Rights’
▼ + stars: | 2022-10-04 | by ( Angus Loten | ) www.wsj.com time to read: +5 min

The White House on Tuesday issued guidelines aimed at safeguarding personal data from misuse in artificial-intelligence algorithms that drive hiring, lending and other business decisions. The guidelines, which the Biden administration described as a “blueprint for an AI bill of rights,” are nonbinding and don’t include enforcement measures. They also fall short of the European Union’s landmark privacy regulation that has forced global technology companies to change how they collect data, among other things. Still, some technology leaders said the White House blueprint could lead to heavy-handed regulation that might risk putting U.S. businesses at a disadvantage. “If implemented properly, the bill could reduce AI misuse and yet support beneficial uses of AI in medicine, driving, enterprise productivity, and more,” Mr. Etzioni said.

☆ TikTok could face a $29 million fine in the UK for failing to protect kids’ privacy
▼ + stars: | 2022-09-26 | by ( Ryan Browne | ) www.nbcnews.com time to read: +3 min

LONDON — TikTok may face a £27 million ($29 million) fine in the U.K. after privacy regulators found failings in the company’s handling of children’s data. “We all want children to be able to learn and experience the digital world, but with proper data privacy protections,” Information Commissioner John Edwards said in a statement Monday. In a statement to CNBC, a TikTok spokesperson said the company disagrees with the ICO’s provisional fine and plans to make a formal response. Last year, the Netherlands’ Data Protection Authority handed TikTok a 750,000 euro ($723,371) fine for violating the privacy of young children and failing to offer its information in Dutch. Western officials are worried the platform may be providing a backdoor to Beijing allowing it to snoop on non-Chinese users.

☆ TikTok could face a $29 million fine in the UK for failing to protect kids' privacy
▼ + stars: | 2022-09-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

LONDON — TikTok may face a £27 million ($29 million) fine in the U.K. after privacy regulators found failings in the company's handling of children's data. The Information Commissioner's Office issued TikTok a "notice of intent" informing the Chinese-owned video app of its "provisional view that TikTok breached UK data protection law between May 2018 and July 2020." "We all want children to be able to learn and experience the digital world, but with proper data privacy protections," Information Commissioner John Edwards said in a statement Monday. "Companies providing digital services have a legal duty to put those protections in place, but our provisional view is that TikTok fell short of meeting that requirement." The ICO can issue a maximum fine amounting to 4% of TikTok's annual global revenues under the EU's GDPR, which is still enshrined in U.K. law.

☆ Italy's watchdog asks Facebook for clarification on pre-election activities
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +1 min

Facebook app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/IllustrationMILAN, Sept 22 (Reuters) - Italy's Data Protection Agency has asked Facebook to clarify the activities the social media giant has engaged in ahead of Sunday's national elections, it said on Thursday. A Meta spokesperson said that the company's "Italian election tools have been expressly designed to respect users' privacy and comply with the General Data Protection Regulation (GDPR)". "We are cooperating with the Italian Data Protection Authority to explain how we are working to help protect the integrity of the Italian election and to connect people with reliable election information from the Ministry of Interior", the spokesperson said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Federico Maccioni and Elvira Pollina, editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Leaked documents show Google Cloud is betting big on Europe and Asia in what it sees as a $100 billion opportunity, saying if it doesn't it will 'face being left behind in half the world'
▼ + stars: | 2022-09-14 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +4 min

Google Cloud is betting big on Europe and Asia by rolling out "trusted partner cloud," or TPC. Google sees data sovereignty as a $100 billion market, calling TPC its "most important program." Leaked internal documents that Insider viewed show that Google Cloud sees an initiative called "trusted partner cloud," or TPC, as the linchpin of this strategy. In an internal FAQ dated August 9, Google Cloud estimates that data sovereignty is a $100 billion market. The documents Insider viewed, which were dated from June, show that Google Cloud plans to launch that European cloud service in different countries through 2023 and 2024.

☆ Burse de Merit pentru șapte studenți pasionați de GDPR și AML
▼ + stars: | 2021-06-10 | by ( ) www.ipn.md time to read: +4 min

Burse de Merit pentru șapte studenți pasionați de GDPR și AMLMobiasbanca - OTP Group totalizează rezultatele Programului „Step in GDPR, Compliance și AML” împreună cu partenerii săi și oferă șapte burse a câte 5000 de lei participanților cu cele mai bune rezultate, confirmând angajamentul de susținere și dezvoltarea a educației financiare. Programul „Step in GDPR, Compliance și AML” a fost organizat de Mobiasbanca – OTP Group împreună cu Asociația Businessului European în Moldova (EBA), în colaborare cu Academia de Studii Economice ( ASEM) și Universitatea de Stat din Moldova (USM). Pe parcursul celor 10 webinarii participanții - studenți, masteranzi, dar și profesori de la USM și ASEM, au fost inițiați în normele legislației europene cu privire la protecția datelor (GDPR), cadrul legal, național și internațional, sancțiunile internaționale și evaluarea riscului pentru conformitate, prevenirea și combaterea spălării banilor de către experți independenți în GDPR și experții Mobiasbanca – OTP Group în domeniul AML. Premiată cu distincții importante atât pe piața națională, cât și internațională, banca se bazează pe principiile de transparență și profesionalism, implementând în activitatea sa expertiza și know-how-ul Grupului OTP din care face parte. _______DISCLAIMER: Autorii comunicatelor – nu agenția de presă IPN – poartă responsabilitate exclusivă pentru corectitudinea și esența conținutului comunicatului, prezentat spre publicare și/sau distribuire.

Persons: László Diósi, Dna Mariana Rufa, EBA, Igor Șarov Organizations: Group, Studii, Universitatea de Stat, USM, OTP Group Locations: GDPR, Moldova, ASEM, CEO, Mobiasbanca, Republica Moldova

☆ Studenţii ASEM – beneficiari ai Bursei de merit în cadrul Programului „Step in GDPR, AML and Compliance”
▼ + stars: | 2021-06-10 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Patru studenți de la Academia de Studii Economice a Moldovei au devenit beneficiari ai Bursei de merit oferită de către Mobiasbanca - OTP Group. Bursele sunt oferite pentru reușitele studenților obținute în cadrul programului „Step in GDPR, AML and Compliance”. Programul „Step in GDPR, AML and Compliance” s-a desfășurat în perioada 4 martie – 13 mai 2021, unde au fost organizate zece webinare cu experți în GDPR și experții Mobiasbanca – OTP Group în domeniul conformitate și AML. # Anișoara Tun, anul I, Școala Masterală, anul I, specialitatea Drept Economic. Programul „Step in GDPR, AML and Compliance” a fost organizat de către Mobiasbanca – OTP Group, în parteneriat cu Asociaţia Businessului European, Academia de Studii Economice a Moldovei și Universitatea de Stat din Moldova.

Persons: Adriana, Anastasia, Cristina Barbăneagră Organizations: Academia, Studii, Moldovei, OTP Group, Universitatea de Stat Locations: GDPR, and, ASEM, Moldova, Moldovei

Programul „Step in GDPR, Compliance și AML” a fost organizat de Mobiasbanca – OTP Group împreună cu Asociația Businessului European în Moldova (EBA), în colaborare cu Academia de Studii Economice ( ASEM) și Universitatea de Stat din Moldova (USM). Pe parcursul celor 10 webinarii participanții - studenți, masteranzi, dar și profesori de la USM și ASEM, au fost inițiați în normele legislației europene cu privire la protecția datelor (GDPR), cadrul legal, național și internațional, sancțiunile internaționale și evaluarea riscului pentru conformitate, prevenirea și combaterea spălării banilor de către experți independenți în GDPR și experții Mobiasbanca – OTP Group în domeniul AML. În deschiderea evenimentului, dl László Diósi, Președintele Comitetului Executiv - CEO, Mobiasbanca - OTP Group a mulțumit participanților și experților, menționând: „Cred că putem veni cu o serie nouă de inițiative în care să susținem dezvoltarea viitorilor colegi, în conformitate cu cerințele actuale ale sectorului bancar. Participanții și-au exprimat recunoștință, au mulțumit pentru această oportunitate, afirmând că vor continua să se dezvolte profesional și să-și aprofundeze cunoștințele, unii dintre ei deja activând profesional. Premiată cu distincții importante atât pe piața națională, cât și internațională, banca se bazează pe principiile de transparență și profesionalism, implementând în activitatea sa expertiza și know-how-ul Grupului OTP din care face parte.

☆ Parlamentul European dă undă verde certificatului digital al UE privind COVID-19
▼ + stars: | 2021-06-09 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Parlamentul European, reunit în sesiune plenară la Strasbourg, a aprobat miercuri definitiv certificatul digital al UE privind COVID-19, pentru a facilita călătoriile în interiorul Uniunii Europene şi pentru a contribui la redresarea economică, indică un comunicat al Parlamentului European, citat de agerpres.ro. Eurodeputaţii au adoptat noile reglementări referitoare la certificatul COVID-19 cu 546 voturi pentru, 93 împotrivă şi 51 abţineri (cetăţenii Uniunii Europene) şi cu 553 voturi pentru, 91 împotrivă şi 46 abţineri (resortisanţi ai ţărilor terţe). Statele membre UE sunt încurajate să asigure posibilităţi de testare uşor accesibile şi la preţuri abordabile. Suma este destinată statelor membre, astfel încât să poată cumpăra teste pentru a emite certificate digitale ale UE privind COVID-19. Toate ţările membre trebuie să accepte certificate de vaccinare emise în alte state membre pentru vaccinurile autorizate de Agenţia Europeană pentru Medicamente (AEM).

Persons: Eurodeputaţii, UE . El Organizations: Parlamentul European, Uniunii Europene, European, Uniune Europeană, UE, OMS Locations: Strasbourg, UE, Uniune, Statele

Search resuls for: "GDPR"

25 mentions found