European Union lawmakers have criticized the British government’s updated privacy bill over concerns that it fails to adequately protect European citizens’ fundamental rights. Lawmakers also heard from the Irish data authority on the status of its pending TikTok inquiry. At a European Parliament hearing on Tuesday, members of the Civil Liberties, Justice and Home Affairs…

Meta has been fined $1.3 billion (€1.2 billion) by the Irish Data Protection Commission (DPC) for violating the terms of the EU’s GDPR by continuing to transfer EU users’ data to the US without adequate safeguards. Meta has failed to “address the risks to the fundamental rights and freedoms” of Facebook’s European users, the DPC…

The cybersecurity landscape for financial institutions and finance technology (fintech) has changed dramatically in the past few years, and 2023 will likely be no different. In 2022, for example, distributed denial-of-service (DDoS) attacks targeting financial firms increased by 22% worldwide, compared to the previous year, according to a joint report published by the Financial Services…

Following the discovery of a data set of Facebook user personal data available on the Internet, the European Union’s Data Protection Commission (DPC) has found Meta Platforms Ireland Ltd. (MPIL) in violation of General Data Protection Regulation rules, fining the platform $275 million (€265 million), and requiring the company to make cybersecurity changes. The breached…

More than half of the world’s websites use Google Analytics to help their owners understand the behavior of users. The software, which deploys cookies to track user behavior, costs nothing in cash terms — though the vast trove of data helps to fuel Google’s massive profits. However, in 2020 the framework overseeing how personal data…

The company plans to use the new funds to expand its portfolio to support data privacy and compliance risks – with a focus on regulations such as GDPR, CCPA, and the Children’s Online Privacy Protection Act (COPPA) –, and to expand its global presence. Pixalate LogoFounded in 2012 and headquartered in Santa Monica, California, Pixalate…

The GDPR, which requires organizations to protect the personal data and privacy of EU citizens, came into force in May 2018, and, based on publicly available information, it since resulted in fines totaling more than €250 million (roughly $300 million). Due to the fact that not all fines are publicly reported and due to currency…

Increasingly demanded by consumers, data privacy laws can create onerous burdens on even the most well-meaning businesses. California presents plenty of evidence to back up this statement, as more than half of organizations that do business in California still aren’t compliant with the California Consumer Privacy Act (CCPA), which went into effect earlier this year….