The pace of cross-industry fraud is accelerating and becoming more costly and this is exacerbating the identity theft problem. New fraud study from LexisNexis reports that 84% of organizations had been the victim of cross-industry fraud.
Data Protection
Certain types of personal data are very valuable to criminals, and can be very damaging to an individual or business if it falls into the wrong hands. As the world becomes more digital and more connected, more of this sort of data is generated and passed between various sources on a regular basis.
Government regulations and supervisory authorities aren’t just about keeping irresponsible parties in line. They also provide vital security guidance to every type of organization that handles sensitive personal, business or government information.
Data protection regulations also ensure that the end user has a transparent view of and a say in the processing of personal data. These safeguards play a significant role in everything from the preservation of civil rights to ensuring that democratic institutions function properly.
Some types of personal data are clear candidates for regulation: medical records, banking information, national ID numbers and so on. But some of these regulations also cover items that might seem relatively innocuous at first glance: home addresses, email addresses, website profile information and so on. For example, the European Union General Data Protection Regulation (GDPR) has stipulations about anything that is unique to an individual to include phone numbers and social media accounts. People have varying levels of privacy preference with these items, but they are often protected by regulation because they can be used for targeted scams and attempts at identity theft.
Given that regulations often take the size and customer count of businesses into consideration in terms of penalties and the scope of protection of personal data, compliance is particularly important for enterprise-scale organizations. You do not necessarily have to have an active business presence in a country or region; simply storing data on or moving it through servers there may subject you to their data protection rules.
Data governance is critical today. Why should board directors engage on governance of data? What are the risks and missed opportunities of failing to do so?
ChatGPT is at least temporarily offline in Italy, as the Italian DPA has concluded that the AI tool may have violated data privacy laws during a recent data leak. OpenAI has been given 20 days to address privacy concerns, or it may face substantial fines.
Big tech companies are pushing for watered-down privacy regulations that would largely permit them to continue doing business as usual. There is reason to suspect that these tech companies now view federal privacy regulations as a way to construct barriers and moats around their core business.
The Italian data protection authority has announced that DeepSeek was formally blocked for failure to provide sufficient information in response to the request. The Chinese company appears to have taken a combative tone.
New proposed Washington Privacy Act will have provisions on facial recognition technology that require explicit opt-in consent for companies to collect and use biometric data.
The advertising industry would like to see Australia’s privacy law kept loose enough to allow "legitimate" data collection, a "tech neutral" posture and rules that are no stronger than the ones at play in the EU and UK.
A new national data privacy legislative framework has been proposed to limit notices and opt-ins instead of relying on the FTC and state governments to protect individuals.
The ADPPA is the first nationwide US privacy bill that stands a chance of being legislated and changing the face of the entire US privacy landscape. There is a general consensus that the proposed data minimization guidelines could significantly reshape the processes and procedures businesses will utilize to collect consumer data.
noyb notes that the ultimate outcome of this GDPR complaint could set a precedent that makes online privacy very expensive. If Meta's ad-free model is ultimately legitimized, it is likely that all other apps supported by targeted advertising will adopt the same scheme.










