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Our top-eleven European dataprotection developments for the end of 2024 are: EU Cyber Resilience Act: The Council of the European Union approved the Cyber Resilience Act , introducing cybersecurity requirements for digital products sold in the EU. The UK Upper Tribunal did not consider the provisions under the UK GDPR.
For example, in 2020, the DataProtection Authority of Hamburg imposed a 35.3 million euro fine on H&M for violation of Articles 5 and 6 of the GDPR. This fact became known when the H&M servers encountered a technical error, and the data on the network drive became accessible to all employees for a few hours.
Every day, more and more companies face the problem of personal dataprotection. As companies are increasingly scrutinised for proper dataprotection, it’s worth paying close attention to the latest best practices to avoid dealing with the potential negative consequences of a data breach.
million fine against Austrian Post for channelling electronic dataprotection-related inquiries to a web form and not offering an additional email address, irrespective of the data subject option to also use non-electronic postal mail or customer service. Standard Contractual Clauses).
Here are our highlights: European Commission adopts new Standard Contractual Clauses What happened : As reported in our blog post , the European Commission adopted its new Standard Contractual Clauses (“SCCs”) for the cross-border transfer of personal data from the EEA to “third countries”.
ICO targets the data broking industry : On 27 October, the ICO demanded that Experian make sweeping changes to dataprotection practices within its direct marketing business within three months or face further enforcement action. We will continue to report on developments as Experian’s appeal progresses.
On 18 July 2022, the UK government published the DataProtection and Digital Information Bill (the “Bill”), which proposes reforms to the UK’s dataprotection and e-privacy landscape in-line with the National Data Strategy.
As covered in our Annual Review , 2020 was a blockbuster year for European dataprotection. has appealed , both penalties show that companies need to be wary not only of how they treat customer data, but also employee data. Spanish DPA hands CaixaBank record €6m fine. While Notebooksbilliger.de website.
According to the Better Regulation Delivery Office, several years ago, the e-commerce market in Ukraine alone was worth about UAH 50 billion a year. Everyone with an account has authorized Meta Platforms to record all their activities on the site. But this is just the tip of the iceberg.
When there is no clear workflow or unified platform, staff may lose track of deadlines, duplicate efforts, or generate inaccuracies in record-keeping. Any data breach or mishandling of client funds can result in severe reputational damage and legal repercussions.
The PIPL has been referred to as China’s version of Europe’s General DataProtection Regulation (“GDPR”), given that the PIPL in substance mimics many of GDPR’s restrictions on the usage and collection of personal information. A Personal Information Processor must obtain “individual consent” for such export of PI.
Main Course : Deep dive stories on card network portability, and impact of the dataprotection bill on fintechs. Takeaways : articles to grab and go. Main Course Fintech and the DataProtection Bill No piece of legislation has taken more punches than our elusive dataprotection law. No, not so fast.
Data Privacy Framework (the “DPF”). The decision enables businesses in Europe to transfer personal data to DPF-certified U.S. businesses without having to implement additional dataprotection safeguards. Data subjects may lodge complaints through both U.S.- UK and Swiss Data Transfers to the U.S.
Legislation empowers the European Commission to designate certain tech companies as gatekeepers and impose obligations on them in relation to data, advertising, e-commerce, interoperability, and the commercial relationships between the service providers customers and end users. One idea is the idea of data portability.
Legislation empowers the European Commission to designate certain tech companies as gatekeepers and impose obligations on them in relation to data, advertising, e-commerce, interoperability, and the commercial relationships between the service providers customers and end users. One idea is the idea of data portability.
This article provides an overview of ten key points companies should be aware of when developing FTC compliance programs, remediating past behavior, or confronting FTC privacy or cybersecurity enforcement. He also wrote a well-known law review article titled “Privacy as a Civil Right.” [14] 1, 2021). [2] ITMedia Solutions (Dec.
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