Centraleyes
MAY 8, 2024
The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumer protection. AI is a data-hungry beast, and banks produce a staggering amount of data these days. This can put consumer financial information at risk.
eSecurity Planet
AUGUST 9, 2022
Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S.
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Centraleyes
FEBRUARY 1, 2024
2023 marked a surge in comprehensive state data privacy laws. At the beginning of the year, only five states—California, Colorado, Virginia, Utah, and Connecticut—had comprehensive data privacy legislation. By the end of the year, the number of states with privacy laws more than doubled.
IT Security Guru
JANUARY 27, 2023
This year’s annual Data Privacy Day falls on January 28 th. Each year, the day provides an opportunity to educate consumers and organisations alike on the importance of privacy and staying safe online. So, how can consumers protect themselves?
Centraleyes
APRIL 15, 2024
The measure prohibits the sale of sensitive data entirely, includes universal opt-out methods and anti-discrimination rules provisions, and provides a limited 60-day right to cure that expires in 2027. With MODPA, Maryland sets a precedent for prioritizing consumer privacy and data protection in the digital era.
Security Boulevard
JANUARY 23, 2023
In 2023, the larger implications of privacy — including the ethics of using artificial intelligence (AI) and biometrics, the management of consumer-to-business relationships, and public issues such as consumer protection — will become much clearer through regulatory and legal action. What's Next?
Schneier on Security
JANUARY 29, 2020
To comply with California's new data privacy law, companies that collect information on consumers and users are forced to be more transparent about it. It says Ralphs may pry into "financial and payment information like your bank account, credit and debit card numbers, and your credit history.". Other information?
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