A web developer study shows that when a cookie banner allows users to refuse cookies, 50 percent of users choose this option and subsequently refuse all third-party services.

However, when this choice is not available, we end up with a cookie acceptance rate between 90 and 98 percent via site users clicking the “I accept”

“Privacy policies … have evolved from … largely factual statements to become, nowadays, either long, verbose and impenetrable legalese, or else vague and soothing PR exercises. Either approach places the burden on the individual to understand complex data practices and act rationally in her own best interests.”  says European Data Protection Supervisor Giovanni Buttarelli.

“Transparency

By Kristina Neff Burland

On April 16, the Securities and Exchange Commission (SEC)’s Office of Compliance Inspections and Examinations (OCIE) released a new Risk Alert that identifies common compliance issues facing investment advisers and broker-dealers with respect to the privacy notice and safeguard policy requirements of Regulation S-P. The Risk Alert aggregates common compliance issues

In the age of digitization, personal information your business holds about your customers (or your customers’ customers) has become a strategic enterprise asset and should be treated as such.

Privacy considerations should be incorporated into your go-to-market strategies.

Gartner with some tips:

  • Customer-facing policies and communications should clearly explain what information is collected and why,

Registration for the Privacy Summit is open.

Fox Rothschild’s Minneapolis Privacy Summit on November 8 will explore key cybersecurity issues and compliance questions facing company decision-makers. This free event will feature an impressive array of panelists drawn from cybersecurity leaders in major industries, experienced regulatory and compliance professionals and the Chief

On March 15, Fox Rothschild partner Scott Vernick will participate in a panel discussion on Developments in Data Privacy & Security as part of the 2017 Argyle Chief Legal Officer Leadership Forum. The Forum will take place from 8 a.m. to 5 p.m. at the Convene Conference Center at 730 3rd Ave in New York

For the second time in just four months, Yahoo has announced a massive cyberattack. The first attack, which occurred in 2014, set a record with the breach of 500 million user accounts. But the company now believes that twice as many accounts were compromised in a second data breach.

Search engine conceptAn internal investigation at the search

In what may be the largest data breach ever publicly disclosed, Yahoo, disclosed that a 2014 cyberattack breached at least 500 million user accounts. The company said it believes state-sponsored actors were responsible and that the data stolen includes names, email addresses, telephone numbers, dates of birth, and hashed passwords.

Data privacy and securityThe data could also include

The French data protection authority (CNIL) is placing Facebook’s EU-U.S. data transfer practices under new scrutiny over its use of the defunct Safe Harbor framework.

The agency issued a two-part order Feb. 8 requiring the social media company to stop using Safe Harbor to transfer data to the United States. Safe Harbor was nullified in