Should the bill make it all the way through the legislative process in its present form, the TikTok ban would give ByteDance 165 days to find a buyer for the app. If it cannot or will not sell TikTok within that period, the app would then be banned from US app stores.
Data Privacy
Technological development has always outpaced privacy concerns, but never more so than in the past decade. Collection and centralization of personally identifiable information (PII), tracking of movements and digital surveillance are all at unprecedented levels. Regulations and laws are only just beginning to catch up to the ability of both governments and private entities to deploy these capabilities.
What exactly is there to worry about? The mass collection and centralization of data by giant multinationals such as Facebook and Google is as good of a place to start as any. Two decades of vacuuming up the personal data of users of various online services has created the most impressive marketing capabilities in history, but these profiles have astounding potential for damage when they are used the wrong way or fall into the wrong hands.
Unauthorized information that is captured in data breaches tends to find its way to massive “combo lists” that are sold and traded on the dark web. Social security numbers are added from this breach, home addresses and phone numbers from that one, personal health information from yet another. Soon, a frighteningly complete profile of millions of individuals is available to anyone willing to pay the asking price.
These are just the established data privacy issues. The emerging ones are even worse. High-quality facial recognition technology is just beginning to roll out across the public places of some countries. Artificial intelligence is not only making mass facial recognition possible, but magnifies the power and reach of any application that involves capturing and sorting information: scanning pictures, analyzing speech, sifting through text and location data. This threatens to not only shatter anonymity and privacy, but allow for highly advanced impersonation and take the concept of “identity theft” to new levels.
Some businesses chafe at the trouble and added expense of new and emerging data privacy regulations, but they are vital to both protecting rights and privacy and instilling confidence in end users. Customers want to be able to submit their payment information without worry about data breaches and identity theft, use services without wondering what is being done with their personal information and use devices without fear of surveillance or having location data tracked. The need for meaningful safeguards only grows greater as technological capabilities increase.
Surveillance capitalism as a revenue model through the observation and recording of as much personal data as possible to create highly effective targeted advertisements is growing unchecked. Can regulation level the playing field?
To help information security, privacy and compliance professionals architect and implement the best security and privacy practices for your organization, Rebecca Herold, lead developer and author of ISACA's Privacy Principles and Program Management Guide, provides an overview of the 14 principles and explain the importance for each business, in any country, to implement them within their own organizations.
Security researchers with Lookout Threat Lab did not specify who the specific surveillance targets of the Android spyware were, but raised concerns based on the government response to protests in Kazakhstan.
The average social media user would be forgiven for thinking that Facebook’s data scandal had come seemingly out of nowhere. There were security warnings from industry experts dating as far back as 2013. Using one of the APIs, a loophole reported in 2015 allows hackers to gather millions of personal data from Facebook.
Some of Ring’s products will now be getting end-to-end encryption for the first time, six years after the company's flagship doorbell camera product first launched.
Facebook Libra cryptocurrency is facing strong pushback in Europe with concerns raised over the systemic risks to the global financial system and potential data privacy issues.
To many, a CPO plays an important role with regulations like GDPR in play, hear it from Brock Wanless, Groupon’s global privacy and regulatory managing counsel, on how the company enforces privacy without one.
Synthetic data generation (SDG) is rapidly emerging as a practical privacy enhancing technology (PET) for data sharing by generating non-identifiable datasets that can be used and disclosed without the legislative need for additional consent given that these datasets would not be considered personal information.
A Reuters report indicates that popular cryptocurrency exchange Binance was pressured into handing user data over to the Russian FSB, but the company denies that the story is accurate.










