Since June 1, eight U.S. states have either amended or enacted tougher new data breach notification laws requiring notification anywhere between 30 to 60 days. While still a far cry from the 72 hours required under the European GDPR, tougher notification laws will no doubt be adopted around the world.
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.
The GDPR has influenced the future of corporate compliance at a global level. As we see the CCPA, the USCDPA, and bills in other jurisdictions like India and Brazil being passed, it is evident that all companies soon will be required to comply with some consumer data privacy measure.
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.
Some ad tech vendors appear to be engaging in a form GDPR consent string fraud by knowingly tampering with the consent information found in a publisher’s consent string, in order to give them the ability to deliver personalized ads.
ICO had a busy 2018 with the ten largest fines totaling about £5,000,000 and also the first ICO fines levied at the maximum amount for Facebook and Equifax.
Both the GDPR and ePrivacy Regulation alter regulations of how organisations use cookies which falls under the GDPR's definition of personal data. Why should companies care and how do they ensure compliance.
So what does a GDPR data protection officer need to know to step into this role and be effective? The job will need some significant experience in both IT and risk management at minimum and also other ancillary skills that are important to success in the role.
While the proposed Data Care Act isn't quite a full-on EU GDPR equivalent, the bill still aims to bring the tech industry's practices more in line with current approaches for handling sensitive personal information.
Second annual review of the EU-U.S. Privacy Shield went better than the first, but the European Commission is still waiting on the U.S. government to nominate a permanent Ombudsperson to handle potential complaints and requests from EU citizens.
The GDPR has been in effect for a few months now, and it’s safe to say most businesses are familiar with it by now. It’s also likely a safe bet that at least a few view it as an inconvenience. Truth is, it’s anything but. From a business perspective, privacy regulations are one of the best things that could possibly exist - here’s why.










