IoT regulations without real penalties will let manufacturers and service providers continue their focus on ease of use at the expense of security and privacy best practices.
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.
New Health Data Privacy Law in Washington Protects Location Records, Ensures Access to Personal Data
The state of Washington's new health data privacy law expands protections for residents, including restrictions on the sharing of location data. The bill specifically addresses sources that fall into the "HIPAA gap," such as fitness apps and period trackers.
Companies are searching for data discovery and mapping tools to meet Brazil’s LGPD requirements but it will take more than technology to identify all the gaps.
Selling customer data such as banking records, vehicle registration and mobile phone usage is big business in China. Recent data theft of 130 million clients of Huazhu Hotels Group saw the stolen payment and contact information going for about US$56,000.
Google is facing a €325 million fine from French data regulator CNIL for its placement of cookies that may not have been noticed by those signing up for new accounts and its use of ads in Gmail.
Recent DataGrail report shows one-third of enterprises spent more than $1 million on GDPR cost, not taking into account the opportunity cost of lost employees’ hours spent in meeting compliance.
A case of what TikTok says was the mistaken storage of EU data on a server in China appears to be concluding with a €530 million fine for the video giant, under charges of violating Article 46(1) of the GDPR and its requirement to "verify, guarantee and demonstrate" that its data transfers were kept adequately secure.
The Google GDR fine has demonstrated that most historical data, analytics & AI, and decentralized processing is illegal under the GDPR. Companies must focus on more than consent to legally process analytics and AI when those processes cannot be described with the required specificity and voluntariness at the time of data collection.
While proposed amendments to narrow the scope of the CCPA might tempt financial services organizations to put CCPA compliance on the backburner, that instinct might prove to be flawed for quite a few reasons.
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.










