A statement from Danske Bank indicates that the GDPR violations are tied to an inability to build data deletion functionality into its complex interlocked IT systems despite beginning efforts in 2016.
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.
China’s new rules for facial recognition technology require companies to protect personal information, and to demonstrate a "specific purpose" and "sufficient necessity" when collecting biometric data of this nature.
Brazilian General Data Protection Law, known as LGPD, will be introduced in early August 2020. How will the law impact the organizations and how does it compare with GDPR?
The California Consumer Privacy Act (CCPA) becomes effective on January 1, 2020, making California the first state in U.S. to roll out GDPR-like regulation, how should the business prepare and how will it impact consumers?
If the goal of the law is to provide rules that are straightforward and consistent with the expectations around the world, other states and Congress would be well advised to follow the example of Virginia.
Since the GDPR went into effect in 2018, Meta has done nearly everything possible to claim legitimate interest to avoid user consent for collecting personal information for targeted ads. The company appears to have finally reached the end of its rope in this area, though a recently announced changeover to a consent basis.
While the fine will hardly break either of the two tech titans, the ruling could provide a precedent on data collection that could prove much more costly in the future if applied to everything else made available on app stores.
While the practical interpretation and implementation of the GDPR has been heavily discussed, it is sometimes overlooked that the GDPR itself offers solutions to handle the legal uncertainty: Codes of Conduct and Certifications.
Grab’s expansion has faced a number of challenges, not the least of which is a string of privacy breaches over the past two years.
This article is based on a presentation made by Steven Klimt, a partner in the Sydney office of Clayton Utz during the Data Privacy Asia 2016 conference held on 9-11 November 2016. It outlines the new mandatory data breach reporting legislation, how Australian privacy regulation impacts Big Data and the differences between Australian Privacy legislation and the proposed EU GDPR.










