UK data protection watchdog argues that personal data has monetary value and wants powers to seize assets for criminal cases, including data, under the Proceeds of Crime Act 2002 (POCA).
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.
Tech lobbyists working to introduce new amendments and changes to the upcoming CCPA privacy law which could significantly limit the effectiveness of the regulation.
Privacy advocates are voicing opposition against India's long-awaited national data protection law as it makes broad exceptions for government agencies and stipulates high fines and costs.
Australia’s Privacy Act 1988 has been under review since 2020 as lawmakers seek to modernize it. Google and Meta have weighed in with arguments for the benefits of ad-supported apps and cloud services.
China recently passed an encryption law to regulate encryption in public and private sectors, and also set forth guidelines for how cryptography should be used to help safeguard national security.
External DPO service providers, whilst offering valuable benefits to the organisation, are not a one stop shop for privacy and data protection compliance. Companies must still maintain robust data protection policies, promote good data protection practices and generally uphold the data protection principles.
Just about all of the big names in tech have now faced issues with EU regulations, but Meta has been unique in its insistence in not being subject to GDPR user consent requirements. Its ad-free service model is under fire once again.
By 2024, it’s likely that almost every U.S. state will have its own data privacy regulations. Businesses getting prepared now are barely ahead of the curve; those that put it off till the laws hit the market will have to scramble to keep up.
Microsoft is now the first major tech company that says it plans to abide by the new CCPA not just in California, but also to honor California’s digital privacy law in every state where it operates in the United States.
U.S. is addressing GDPR compliance and data privacy through technologies whereas Europe is taking the litigation route, will Europe wake up at some point and realize they’re behind the technology curve?










