Articles from Around the Web

Discover the latest industry insights and developments with our News from Around the Web page. We curate feeds from a variety of reputable organizations, bringing you a comprehensive overview of relevant news and trends. Stay informed and connected with the most current updates from across the web.

Op-ed: Businesses play an integral role to improve user privacy

Comprehending businesses’ role in furthering or detracting from privacy will allow for better processes to be built in new technologies and give individuals’ better control over their data, Cloaked CEO Arjun Bhatnagar writes for Fast Company. He said business leaders should push for better consumer privacy standards by learning the company’s data responsibilities by conducting a privacy audit, make data collection consensual with users “in the form of opt-ins,” schedule routine privacy audits, and "getting buy-in to invest in privacy," which sees a $2.70 return for every dollar spent.

FCC commissioner says US should act to ban TikTok

U.S. Federal Communications Commissioner Brendan Carr said the Council on Foreign Investment in the United States should act to ban TikTok, Axios reports. “I don’t believe there is a path forward for anything other than a ban,” Carr said, citing concerns over TikTok’s handling of U.S. users’ data and the risks of data being transferred to China. A TikTok spokesperson said the company is “confident that we are on a path to reaching an agreement with the U.S.

Your privacy ‘to do’ list as 2022 comes to an end

Fall is a good time to take stock of privacy projects to wrap up before the end of the year. Even without final California Privacy Protection Agency rulemaking on the California Consumer Privacy Act or a national privacy law in the U.S., the end of 2022 undoubtedly has some important privacy law changes. Hintze Law Partners Jennifer Ruehr, CIPP/US, and Sam Castic, CIPP/US, CIPM, FIP, PLS, break down steps to get ready and offer a to-do list to help address new privacy requirements. Full Story

DMA enters into force

The EU Digital Markets Act has entered into force. The regulation aims to “put an end to unfair practices by companies that act as gatekeepers in the online platform economy,” the European Commission said. The DMA defines qualifying large online platforms as “gatekeepers” and establishes a list of “do’s and don’ts” they must implement “to ensure fair and open digital markets.” The DMA’s provisions will apply starting May 2, 2023.

FTC alleges ‘lax security’ at edtech company led to data breaches

A U.S. Federal Trade Commission complaint alleged education technology company Chegg's “lax security practices” led to four separate data breaches affecting 40 million consumers’ personal information. The FTC claimed Chegg allowed employees and third-party contractors to access its “Simple Storage Service” and didn’t require multifactor authentication or encrypt data. The FTC also said Chegg did not monitor networks for unauthorized attempts.

Amendment to Dutch money laundering bill features further restrictions on data sharing

Netherlands’ banks are turning to artificial intelligence to help police combat money laundering efforts, per a draft amendment to the Anti-Money Laundering and Anti-Terrorist Financing Act. Under the amendment, banks would be allowed to share customer payment data and AI-based transaction monitoring with one another, Pinsent Masons Partner Wouter Seinen wrote in a blog post.

Investigation finds 3TB of server data left accessible

Thomson Reuters left three of its servers for business suite services accessible, according to an investigation by Cybernews. Once alerted to the vulnerability, the company secured the servers and notified customers. Previously, however, more than 3 terabytes of “sensitive data” including plain text passwords and one data set contained access credentials to third-party servers.

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