Bang for your privacy compliance spend buck.
For every $1 an organization spends on privacy compliance, they receive a $2.70 return on investment, finds a recent survey conducted by Cisco.
The study also found that the more mature privacy programs were seeing much better ROI. Companies that had scores above four on a scale of
The UK’s Information Commissioner’s Office (ICO) has announced a completion deadline for their code that will translate General Data Protection Regulation (GDPR) requirements into design standards that protect children who access online services.
The code is being refined following a consultation period and will be made final on November 23, 2019.
The ICO stated that
The International Organization for Standardization (ISO) published a standard for company’s to implement personal information management systems (PIMS). The ISO’s guidance aims to assist businesses with compliance goals and further the emphasis on personal data protection.
In the wake of the detailed privacy framework requirements of the recent FTC Facebook settlement and the California Consumer
Italian Data protection Authority, Garante privacy, ordered a company that did not acquire granular consent for marketing from members of its loyalty programs to:
(i) stop processing personal data for marketing purposes if granular consent for the marketing/mailing was not acquired;
(ii) not start processing personal data for marketing purposes in future without obtaining such
The Federal Trade Commission (FTC) has entered into a settlement with a provider of management software for car dealerships that held personal information, including SSN’s and payroll information, in cleartext, holding its practices to be in violation of the FTC Act’s prohibition against unfair practices and GLBA’s Safeguards Rule, which requires financial institutions to develop,
The Lithuanian data protection inspectorate issued a 61,500 EUR fine against a payment services provider for violations of the data minimization, adequate security measures and data breach reporting requirements of GDPR.
Key takeaways:
Privacy compliance as a competitive differentiator: 97% of 3,200 companies surveyed say they are receiving auxiliary benefits today from their data privacy investments, beyond just meeting compliance requirements.
Benefits cited include:
The Illinois Supreme Court’s Ruling
On January 25, 2019, the Illinois Supreme Court issued its long awaited opinion in Rosenbach v. Six Flags Entertainment Corp, ruling that the Illinois Biometric Privacy Act, 740 ILCS 14/1 et seq. (“BIPA”) does not require an actual injury for a plaintiff to be considered “aggrieved” under the Act. The
Keep your passwords close…and complex, and encrypted and unique, and ever-changing.
In the wake of recent data breaches involving passwords, the French data protection authority, the CNIL, has published guidelines for adequate passwords.
Some highlights include:
Don’t store users’ passwords in cleartext. Really.
It’s not a good idea. Also, it may be deemed a ‘knowing violation’ of the EU General Data Protection Regulation (GDPR) requirement to adequately protect personal data.
That is one key takeaway from the GDPR enforcement action by the State Commissioner for Data Protection and Freedom of Information