$126M and Counting: Companies Should Expect Larger, More Frequent GDPR Fines

Outsourcing has become a valuable tool for legal departments grappling with increasing workloads and decreasing head counts. But while a robust number of outside vendors may be good for productivity, it also increases an organization’s cyberattack surface. So it’s little surprise that some businesses are trying to reduce the number of outside providers they rely upon.

Video Ad Serving in Europe, Now Supported Through ER’s Cloud Platform, AdBridge™, Provides Expanded Reach for Clients. Extreme Reach (ER), the complete global asset management solution for TV and video ads, announced their approved status as the latest independent ad server to join IAB Europe’s Transparency and Consent Framework (TCF). In joining the TCF, Extreme Reach ensures compliance with the EU’s General Data Protection Regulation (GDPR) and ePrivacy Directive. Extreme Reach also follows the IAB’s California Consumers Privacy Act (CCPA) compliance framework in the U.S.

The EU's European Commission has ruled that the U.K.'s data-protection standards are adequate -- a decision that should ensure that data can continue to flow between the two regions, avoiding chaos in advertising, media and other industries. The "adequate" rating should be good for four years, although the commission warned...

The UK’s data protection practices are “adequate” for EU standards, according to a new ruling from the European Union. As reported by the Guardian, this means UK businesses will be able to continue operating as usual, exchanging data with EU-based partners as they did before Brexit. However, there is an...

U.K. financial services companies not regulated by the country’s Financial Conduct Authority (FCA) will soon be barred from advertising on Google. Starting Aug. 30, Google will require advertisers to demonstrate that they are authorized by the FCA or qualify for one of the limited exemptions. The change in policy, which...

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. U.S. companies added more jobs in June than expected, indicating further progress in the nation’s labor market recovery. The 692,000 gain in private payrolls followed a downwardly revised 886,000 increase in May, according to...

Brussels lawyers say that an eleventh-hour decision by the European Commission on Monday will allow personal data to continue to flow across the Channel for the time being, but that new legal troubles loom. With the decision, the European Commission is essentially saying that the data protection regime of the...

BRUSSELS (Reuters) – The European Union has agreed that British standards for the protection of personal data are sufficiently high to allow information to continue to flow between the bloc and its former member, the European Commission said on Monday. The EU executive has taken two “adequacy” decisions that include...

Decreases in life expectancy during 2020 were much larger in the United States than in other high income countries, particularly among Hispanic and Black Americans, finds a study published by The BMJ today,. The findings show that between 2018 and 2020, life expectancy in the US decreased by almost two...

LONDON — The European Union on Monday recognized Britain's privacy rules as adequate with its own, a key move that will allow EU-U.K. data flows to continue after Brexit. The European Commission, the EU's executive arm, said the decision meant EU citizens' personal information would be treated with the same level of protection as it would inside the bloc when transferred to the U.K.

Decreases in life expectancy during 2020 were much larger in the United States than in other high income countries, particularly among Hispanic and Black Americans, finds a study published by The BMJ today,. The findings show that between 2018 and 2020, life expectancy in the US decreased by almost two...

While starting a company in an industry dominated by incumbent giants is a daunting task, success does not have to be elusive. Often, newcomers have the advantage of being nimble, risk-seeking, and embody a go-getter attitude that together become a recipe for success. All these attitudes can help an upstart...

It’s a big deal for U.K. businesses, as it means the country will be treated by Brussels as having essentially equivalent data protection rules as markets within the bloc, despite no longer being a member itself — enabling personal data to continue to flow freely from the EU to the U.K. and avoiding any new legal barriers.

In this week’s Computer Weekly, a government taskforce on post-Brexit regulations has recommended changes to GDPR in the UK – we examine the implications. The NHS has launched a new data strategy - we look at what it means for your medical records. And we ask how to avoid the performance problems that affect private cloud. Read the issue now.

(Reuters) – Alphabet Inc’s Google on Wednesday announced measures to clamp down on financial fraud on its platform in Britain, saying it will require all financial services to be verified by the regulator before they are allowed to advertise. Google said in a blog post it will begin enforcing the...

The European Commission has approved the cross-border export of data to the UK under an adequacy decision. With this, the Commission certifies that the country that has left the EU has a level of data protection that essentially corresponds to that in the EU. So personal data should be freely exported across the English Channel.

The long-awaited data adequacy agreement between the European Union and Brexit Britain has been finally been approved - but with a sunset clause built-in in case the UK makes good on its threats to deviate from its current adherence to the existing European data regime. When Brexit kicked in at...

Lirium AG, a company offering plug & play cryptocurrency solution for banks, digital wallets and marketplaces around the globe, has received the formal approval by the Financial Market Authority (FMA) of Liechtenstein as a blockchain service provider to perform the following services:. - Cryptocurrency exchange services (Allows Lirium to buy...