CNBC reports asset managers are joining financial institutions in working toward improved security for employees' personal communication tools used for connecting with clients remotely. Fund management firms are scrutinizing how staff and clients interact using tools such as WhatsApp in an effort to comply with rules laid out by the U.S.
According to Baker McKenzie's Connect on Tech blog, Vietnam's government issued a decree outlining provisions of the Cybersecurity Law. The decree covers requirements for data localization and law enforcement data collection related to criminal investigations. Localization provisions include types of data to be localized, company compliance thresholds and data retention periods. The decree becomes effective Oct.
Apple announced iPhones, iPads and Macs are vulnerable due to “serious” security flaws, The Associated Press reports. These flaws could give hackers the ability to remotely take over a device. The company published two security reports on the vulnerabilities Aug.
Four immigration rights groups sued LexisNexis in Illinois state court, alleging it violated privacy and consumer rights, Computer Weekly reports. The lawsuit alleges LexisNexis’ Accurint data aggregator collected and combined “extensive” personal information on individuals without their knowledge or consent and distributed it to federal immigration authorities, among other third parties.
Despite clearing up potential discrepancies around its provisions for a supervisory authority, issues regarding Indonesia's proposed Personal Data Protection Law may not be totally resolved. Christian Teo & Partners Associate Glenn Wijaya opines the PDPL, which is expected to be promulgated this month, contains more conflicts across various Indonesian statutes covering personal data.
Australia Attorney-General Mark Dreyfus and Minister for Trade and Tourism Don Farrell jointly announced the country joined the Global Cross-Border Privacy Rules Forum.
While data protection and privacy regulations emerge and develop around the world, personal data continues to be legally collected, aggregated, analyzed, packaged and resold. Proofpoint Resident Chief Information Security Officer J.C. Checco said the gap that exists in effectively regulating data practices "lies in the need for transparency in the flow of personal information." Checco outlines a potential resolution framework based on personal information privacy ontology.Full Story
The IAPP announced Mark Thompson, CIPP/E, CIPM, CIPT, FIP, as its Chief Strategy Officer. Thompson was director of the IAPP Research and Insights team prior to the new appointment. In his new role, Thompson will develop strategy and provide executive oversight of operations for the IAPP globally.
Brazil's data protection authority, the Autoridade Nacional de Proteção de Dados, announced a public consultation on the draft resolution for regulations outlining the regulator's sanctioning powers. The ANPD said the regulations aim to "promote the effectiveness of the (General Data Protection Law) through the establishment of a methodology" for its sanctions that "provide legal certainty for both (the) regulated and regulators." The public comment deadline is Sept.