New EU anti-money laundering regulations currently under discussion would include a ban on privacy coins such as Dash, Monero and Zcash that add further layers of anonymity to the standard blockchain transaction.
The privacy policy now makes clear that TikTok user data is transferred to a number of third countries for "important functions," China among them. TikTok says it has SCCs in place that cover the data transfers.
Smart Devices Adding Security Updates to Combat Vulnerabilities, but EU Consumers Remain Unimpressed
Research finds that a number of manufacturers are not providing security updates for smart devices for nearly as long as their expected life cycles. In addition, manufacturers often do not specify exactly how long they plan to support security updates.
Long the weakest link in networks, smart devices and similar connected devices could soon be forced to bolster their defenses by the EU Cyber Resilience Act, requiring design-level security and ongoing patching.
The EU Digital Markets Act (DMA) appears headed for adoption in May. Companies providing “core platform services”, as well as those potentially receiving data from such companies, should understand not only what the DMA requires, but also its impact on existing obligations under the GDPR.
The Digital Markets Act focuses on Big Tech, and its requirements would force message interoperability among other terms that Facebook and similar services are unlikely to be happy about.
The EU and US have reached an agreement in principle on a Privacy Shield replacement, but details of the data transfer deal are not yet available to the public.
Restoration of simple EU-US data transfers hinges on assurances from the US that these communications will not be subject to government surveillance. A new research paper looks to untangle this problem and provide some sort of a path forward.
Germany's data protection authority has determined that Zoom's data transfers to the U.S. are in violation of the terms of the GDPR in light of the Schrems II ruling, and has issued a formal warning.
The Luxembourg CNPD has issued Amazon the largest GDPR fine to date, hitting the online shopping giant with a penalty of €746 million (about $887 million) over its targeted advertising practices.
