What resulted in the largest-ever breach of consumer data culminated in the largest data breach enforcement action in history. Credit-reporting agency Equifax on Monday reached a proposed settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau (CFPB), and a coalition of 50 attorneys general—comprising 48 states, the District of Columbia, and the Commonwealth […]
Data Privacy
Posted inEurope
All eyes on how Ireland will handle Big Tech and GDPR
Ireland—home EU regulator to Big Tech firms including Google, Twitter, and Facebook—is the key country not to have issued a GDPR-related fine yet, though the regulator has said it has started at least 19 inquiries into the sector. That includes one into Facebook over its password security measures and another into Google over concerns that […]
Posted inEurope
GDPR enforcement varies widely by country
Most EU countries have now issued fines under the GDPR. Determining which are the toughest enforcers depends on one’s viewpoint—we lay out country-by-country look at the enforcement trends to date.
Posted inEurope
What we can learn from the biggest GDPR fines so far
Recent record-breaking fines for GDPR violations levied on British Airways and Marriott by the U.K. Information Commissioner’s Office offer a glimpse into what GDPR enforcement might look like going forward and serve up a warning to companies that data privacy protocols must be foolproof.
Posted inData Privacy
Congress, Treasury take swings at Facebook’s Libra plan
A plan by Facebook to enter the world of virtual currency is attracting predictable skepticism in Washington. It could also expedite the slow emergence of national data protection laws.
Posted inData Privacy
FTC looks worryingly timid in staying silent on Facebook
The FTC, by dragging its feet and keeping silent on a massive Facebook fine, raises concerns about its potential role as top cop on the data privacy beat.
Posted inData Privacy
After another arrogant move, Facebook needs to be put in check
The social media company is hardly quiet about its crypto initiative, but nevertheless failed to see the materiality of creating a global payments system.
Posted inData Privacy
Fed Chair urges caution with Facebook virtual currency venture
Count Federal Reserve Chairman Jerome Powell and several members of Congress as concerned observers of Facebook’s planned foray into the world of virtual currency.
Posted inEurope
Marriott reveals $124M GDPR fine for data breach
Marriott has disclosed in a filing with the SEC that the U.K.’s Information Commissioner’s Office intends to fine it roughly £99 million (U.S. $124 million) for infringements of the EU’s GDPR.
Posted inEurope
U.K.’s CMA mulls new regulator to tackle Big Tech
The CMA, U.K.’s competition watchdog, explores whether a separate regulator is needed to oversee leading digital firms that have become “data monopolies” that stifle competition.
