Are companies transferring too much decision-making power to machines? That’s the opinion of EU data regulators, who say companies should “think seriously” about telling investors and stakeholders automatons are now in charge of their data.
Neil Hodge
Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal issues for a wide range of publications in the United Kingdom and United States.
Posted inEurope
‘No-deal’ Brexit risks U.K. and EU data transfer problems
In the event of a ‘no-deal’ Brexit, EU data commissioners are warning of data transfer restrictions between the European Union and the United Kingdom, which will be treated as a third country.
Posted inEurope
Compliance is feeling GDPR’s growing pains
Six months after its enactment, the EU’s data privacy regulation still hasn’t provided the clarity many were looking for … and it might not come for a while yet.
Posted inEurope
Privacy advocate Schrems foresees lax enforcement of GDPR
Speaking at the recent Compliance Week Europe conference in Amsterdam, leading privacy campaigner Max Schrems cast doubt on whether the newly enacted GDPR would have any teeth.
Posted inEurope
FCA seeks to mitigate Brexit-related risk
The U.K. Financial Conduct Authority is on a mission to thwart as many “cliff-edge” risks as possible during the Brexit transition.
Posted inEthics & Culture
EU regulator pushes for global consensus on data ethics
European Data Protection Supervisor Giovanni Buttarelli trumpeted the urgent need for a worldwide data ethics accord at a recent conference, warning that the rapid advance in global digital technologies mandates a global consensus on privacy.
Posted inData Privacy
U.K. data regulator slaps Facebook with maximum fine
Facebook has been hit with a £500,000 fine by the Information Commissioner’s Office for serious breaches of data protection rules stemming from the Cambridge Analytica scandal.
Posted inData Privacy
Apple CEO pushes for U.S.-style GDPR, bashes those who ‘put profits over privacy’
Apple CEO Tim Cook voiced his support for the EU’s General Data Protection Regulation and advocated for a similar U.S. mandate based on four “essential rights.”
Posted inEurope
Morrisons loses data breach appeal
The U.K. Court of Appeals recently shot down an appeal by supermarket chain Morrisons to overturn an earlier judgment denouncing it as liable for a data breach instigated by a disgruntled former employee. A march to the Supreme Court is next.
Posted inRisk Management
Bank of England urges firms to prepare for climate change risks
The Bank of England (BoE) wants boards of financial services firms to take a stronger role in identifying and managing financial risks caused by climate change by making individual executives accountable and improving disclosure.
