PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Although the law has only been in effect since Jan.1, 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The California law is more specific and more punitive for breaches.

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VISTA InfoSec

SEPTEMBER 28, 2023

This new law, approved by the president on August 11, 2023, dictates how organizations handle personal data. Until then, businesses should adhere to existing Indian privacy laws, primarily the Sensitive Personal Data or Information Rules (SPDI) 2011. The Digital Personal Data Protection Act (DPDP) has been passed in India.

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PYMNTS

NOVEMBER 23, 2020

Merchants and their banks must therefore keep a close eye on how privacy and open banking trends are changing, as well as what data they can use to help authenticate these customers under these emerging laws. Meanwhile, other markets are continuing to adjust with their own data protection laws. Around The Data Protection World.

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VISTA InfoSec

MARCH 28, 2024

As cyber threats loom larger and data breaches become more frequent, safeguarding sensitive information cannot be ignored. Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends. You should also regularly review stored data and purge what is no longer needed.

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PYMNTS

JULY 2, 2018

California’s new consumer privacy law is facing a backlash from businesses around the U.S. which contend the law will hurt all sorts of companies, whether it’s retailers or customer loyalty programs. The consumer will actually be the big loser,” he said. “The The consumer will actually be the big loser,” he said.

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PYMNTS

DECEMBER 30, 2019

The real estate developer behind California’s tough new privacy law — the strictest in the U.S. Alastair Mactaggart’s 2018 state ballot initiative resulted in the California Consumer Privacy Act (CCPA) and now he wants to ensure it’s bullet-proof from modifications that could weaken it. We are in the beginning.”. Effective Jan.

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Privacy CCPA Laws Data Breach 52

VISTA InfoSec

JUNE 3, 2024

A big part of the GDPR is protecting people’s privacy and data from unauthorized access. According to a Verizon report , over 80% of hacking-related breaches are due to compromised passwords. CCPA compliance: California Consumer Privacy Act, focusing on consumer rights and data protection.

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PYMNTS

MARCH 7, 2019

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. The hearing took place at a time of increasing scrutiny for online privacy and security. firms were falling victim to online attacks, noting that there were 1,200 data breaches in the U.S.

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PYMNTS

JANUARY 22, 2020

Patel, centers around the issue of whether Facebook broke the law in Illinois when it instituted a photo-tagging feature that honed in on users’ faces and tagged them against their will. Illinois ‘ biometrics privacy law says that companies must obtain written consent before collecting information about users’ faces.

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Privacy Laws Breach Rules 52

PYMNTS

AUGUST 14, 2020

The Privacy Collective , a London nonprofit whose mission is to protect privacy, has filed suit with the District Court of Amsterdam, accusing the software companies of breaching the European Union’s General Data Protection Regulation (GDPR) in their processing and sharing of people’s information by third-party tracking cookies.

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PYMNTS

SEPTEMBER 30, 2018

Facebook could get hit with a massive EU fine by a European Union privacy watchdog after the company announced on Friday (Sept 28) it had suffered a Facebook data breach that compromised the accounts of more than 50 million users. billion if regulators find the company violated the bloc’s strict new data privacy law.

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Data Breach Breach Privacy Regulations 72

PYMNTS

SEPTEMBER 26, 2018

in which Uber will pay $148 million to resolve allegations that it violated state laws pertaining to data breach reporting. In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information.

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Data Breach Breach Law Enforcement Settlement 69

PYMNTS

DECEMBER 16, 2018

According to the report citing the Irish Data Protection Commission, Facebook is under investigation by the regulator over allegations it failed to protect the privacy of its users. It confirmed to CNN late last week that it started a “statutory” inquiry into the social media giant after it received several reports of data breaches.

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Data Breach Breach Regulations Privacy 80

PYMNTS

MARCH 13, 2020

Princess Cruises disclosed a potential data breach in a notice posted on its website. The kinds of personal information that could have been impacted by the breach might encompass name, social security number, address or government identification number and data related to health.

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VISTA InfoSec

SEPTEMBER 14, 2023

This extensive data privacy regulation has an impact on many U.S. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. entities due to its extraterritorial reach.

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PYMNTS

DECEMBER 27, 2019

Multiple lawsuits seeking class action status have been filed in Philadelphia over a data breach at Wawa convenience stores, which affected 850 locations along the East Coast of the U.S., Wawa recently came forward with information that it found malware on its payment processing servers, and that it stopped the breach on Dec.

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PYMNTS

SEPTEMBER 14, 2018

The pitch comes down to privacy. There is little questions that regularly occurring data breaches, combined with increased consumer knowledge of how their online data and personas are used for advertising, have created what can plausibly be called a privacy backlash. New laws favoring consumers have come into effect.

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PYMNTS

JUNE 3, 2020

But as Prideaux noted, that sparks privacy issues for many consumers, particularly in democracies where governments can’t simply order citizens to download tracing apps. So, there’s been a lot of political pressure about privacy. The technology to do [tracing and tracking] can balance the privacy of the user,” he pointed out.

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Privacy Fraud Prevention Governance Government 76

PYMNTS

OCTOBER 24, 2018

When it comes to data privacy, it’s not all about General Data Protection Regulation (GDPR), and it’s not all about Europe. and in the wake of GDPR, which of course took effect in May, there exists the California Consumer Privacy Act of 2018, known colloquially as CCPA. The law is de facto legislating the country anyway.”

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PYMNTS

MAY 30, 2019

The complaint was filed with the United States District Court for the Central District of California by Gibbs Law Group on behalf of David Gritz, a resident of Pennsylvania who had bought and sold several homes. The data breach was first spotted by Krebs on Security , a security news website run by cyber expert Brian Krebs.

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PYMNTS

SEPTEMBER 19, 2019

Following incidents at other airlines, Indonesian carrier PT Lion Mentari Airlines, known as Lion Air, is looking into a breach that reportedly led to passenger data on its Thai and Malaysian units to be leaked on the web. its data service provider, to probe the data breach. its data service provider, to probe the data breach. “We

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PYMNTS

MAY 10, 2019

prosecutors have charged a Chinese national for his alleged involvement in the 2015 data breach at health insurance company Anthem , which led to the theft of 78.8 businesses operating in four distinct industry sectors, and violated the privacy of over 78 million people by stealing their PII. million records. businesses. businesses.

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PYMNTS

MARCH 18, 2019

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. He pointed to the recent enactment of the California Consumer Privacy Act of 2018 as an example.

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Privacy Regs Identity Theft Data Breach 49

PYMNTS

NOVEMBER 5, 2019

The Canadian cooperative Desjardins Group has revealed that a data breach impacted all its 4.2 So far, there is one suspect — a former employee — responsible for the breach, which exposed personal information, social insurance numbers, addresses and spending habits of the company’s customers. million members. We’re now at 4.2

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Data Breach Breach Cybersecurity Privacy 41

PYMNTS

JUNE 29, 2018

The first class action lawsuit against Exactis has been filed in response to the company’s massive data breach that exposed the private information of more than 200 million U.S. The marketing and data aggregation firm was the subject of a data breach in which customer information ended up on the internet for hackers or anyone else to view.

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VISTA InfoSec

JULY 5, 2023

Adherence to these regulations is paramount for safeguarding sensitive patient information from data breaches and cyber attacks. From March 2021 to March 2022, the average cost of a data breach in healthcare was over $10 million, up from $9.23 Thus, protecting EHRs is crucial to avoid data breaches from hackers. million people.

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PCI DSS Compliance Data Breach Breach 130

PYMNTS

NOVEMBER 27, 2018

Google is facing a privacy complaint filed by a group of European consumer watchdogs that contend the internet giant used manipulative tactics to track the locations of web users so that it could target ads to them. Under the rule, companies have to provide a legal basis for using the personal data that is backed by consent.

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Privacy Consumer Legal Rules 55

The Fintech Times

JULY 19, 2024

However, he also goes on to note how data privacy and security can be challenging. “Data privacy and security are also very important. Fintech companies need to continuously adjust to new laws and public expectations, which demands regular investment and adaptability.

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FinTech Privacy Financial Inclusion Regulations 105

EBizCharge

MARCH 18, 2024

From names and addresses to medical insurance and social security, this information must be handled with the utmost care to ensure privacy and security. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is a federal law that protects the privacy and security of individuals’ health information.

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PYMNTS

AUGUST 10, 2018

At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax online privacy. Privacy Changes. What seems to be genuinely changing is consumer awareness of how privacy really works in the digital world. Privacy Punishment. Except, maybe not.

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Privacy Venmo Laws PayPal 40

PYMNTS

APRIL 26, 2018

Law firm McDermott Will & Emery collaborated with Ponemon Institute to assess how U.K. Corporations are bracing for major changes to their operations, and many will miss the May 25 deadline as they struggle to overcome challenges related to key components of the new rules, including data breach notification.

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Data Breach Breach Compliance Rules 59

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. The breach was believed to have seen 5 million cards compromised.

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The Paypers

JULY 17, 2017

(The Paypers) The possible major data breach at Indian telecom Reliance Jio has prompted calls for India to adopt laws that are more robust to protect consumers.

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Laws Privacy Data Breach Breach 28

Fintech News

JULY 17, 2024

And contrasting with the non-crypto native space, the Hong Kong Monetary Authority (HKMA) just fined DBS Bank (Hong Kong) Limited, the HK subsidiary of DBS , a HK$10 million penalty for breaches of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

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Money Laundering Law Enforcement AML Non-Bank 106

Fintech Review

FEBRUARY 13, 2024

As services transition online, consumers face new risks, including data breaches, online fraud, and exposure to unfair practices. It’s crucial for regulators to enforce stringent standards for data security and privacy to ensure consumer protection.

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Consumer Protection Innovation Consumer FinTech 105

PYMNTS

FEBRUARY 26, 2020

T he company said it fixed the problem that caused the data breach, and that safety was its top priority. . “Unfortunately, data breaches are a part of life. In New Jersey, lawmakers initiated a ban across the state on law enforcement using the company’s software.

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Law Enforcement Data Breach Laws Breach 68

CB Insights

MAY 22, 2018

Following high-profile incidents like the Cambridge Analytica breach, internet data privacy concerns are at a tipping point. Leading the charge is the European Union’s General Data Protection Regulation (GDPR), the most progressive digital privacy regulation to date. USD), whichever is higher.

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Privacy Laws Regulations Compliance 37