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Third Party Risk Management
By virtue of it's name, the CCPA is implicitly designed to protect the privacy interests of "Consumers". But the big question on the lips of many business owners is... Are employees also "Consumers"?
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British Airways (BA) has been hit with a record fine of £183m as a result of a massive customer data breach last year.
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Facebook exposed passwords in plain text | Hundreds of millions of Facebook users affected. Facebook has been jeopardising the security of hundreds of millions of its users’ accounts by storing their passwords in a plain text. Passwords should always be encrypted in an unreadable format, but the social media giant admitted last week that hundreds...
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Would be naive to believe that Mark Zuckerberg built a social network that somehow morphed into what is basically a surveillance system?Now, Zuckerberg has plans to reshape the company to provide messaging services that serve as “fortresses of privacy”.Rather than simply being a network that connects people who want to ‘share’ their lives with the...
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Facebook probe: NY governor orders investigation into Facebook’s data collection from other apps |  An “outrageous abuse of privacy” says NY governor, Andrew Cuomo. It appears that the spotlight is intensifying its focus on Facebook in the latest in a series of condemnations of the tech giant’s data collection and usage practices. Facebook already faces...
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Here in Part 2, we continue with our ‘bird’s-eye’ view of the California Consumer Privacy Act (CCPA). We examine how the CCPA has followed in the footsteps of the European Union’s General Data Protection Regulation (GDPR), and how California’s new consumer privacy laws are impacting both consumers and businesses in California, and potentially across the...
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GDPR compliance: What does your company stand to lose if it suffers a data breach? | The cost of non-compliance. Businesses should not need reminding that in May last year the General Data Protection Regulation (GDPR) came into effect. Nine months later, we find that some companies have ceased trading and others have had to...
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Your company is not located in California. So, the California Consumer Privacy Act (CCPA) will not affect you, right? Wrong. CCPA requirements will impact businesses both inside and outside of California.The California Consumer Privacy Act was signed into law in June of last year. It is the first U.S. law that follows many characteristics of...
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Central Counterparties (CCPs) are third party service providers (TPSPs) that appear to meet the definition of TPSPs under New York’s cybersecurity requirements. However, their internal rules currently do not require breach notification. CFTC rules ambiguously require notification to the CFTC, but not to CCPs’ members). CCPs provide services to financial institutions, who provide them with...
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Facebook sued by top US prosecutor over Cambridge Analytica |  “Facebook has not been honest with Congress or the public about how it treats its users’ data” claims New Jersey Rep. Washington DC’s top prosecutor is suing Facebook in the first significant US move to punish the firm for its role in the Cambridge Analytica...
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