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States should fill in gaps in federal law to protect customer financial data - CFPB

Finextra

US states should assess gaps in their data privacy laws to ensure Americans are protected in an era when financial institutions are increasingly bidding to monetise their customers' data, according to the CFPB.

CFPB 69
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GDPR and Biometric Data: Ethical Considerations and Privacy Implications

VISTA InfoSec

As technology advances and the use of biometric data becomes more prevalent, it is crucial to address the privacy concerns and regulatory compliance associated with this sensitive data. By addressing these issues, organizations can strike a balance between reaping the benefits of biometric technology and protecting individuals’ privacy.

Privacy 130
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Facebook's Libra will force a reckoning on crypto, privacy law

Payments Source

Both challenge citizens' relationship to privacy, and both use technology in ways that current laws were unprepared for. In the eyes of regulators, Facebook and bitcoin have a lot in common.

Privacy 130
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How is Regtech Enabling More Robust Data Protection and Privacy Compliance?

The Fintech Times

When it comes to cybersecurity, the topic of data protection and privacy is arguably one of the most important. With this in mind, we set out to find out how regtech is enabling more robust data protection and privacy compliance. ” The post How is Regtech Enabling More Robust Data Protection and Privacy Compliance?

Privacy 106
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Data Protection Officers and Their Key Responsibilities

VISTA InfoSec

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established. What is a Data Protection Officer?

CCPA 130
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Post-Data Breach, Ecuador Pushes For Stricter Privacy Laws

PYMNTS

Ecuador ’s government has rushed a draft privacy law to Congress after the nation was hit with a massive data breach impacting more than 20 million people. While Ecuador had been working on a data privacy law for nearly two years, the breach prompted the government to finish its work and send the draft law to parliament.

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Businesses To Spend $55B On CA Privacy Law Compliance

PYMNTS

California has passed the California Consumer Privacy Act (CCPA), a sweeping law that forces companies to tell customers about the data they gather about them, and to allow customers to opt out of those practices. Even the attorney general is still figuring out specifics and probably won’t start enforcing the law until July.

Laws 52