LONDON (Reuters) - Britain’s information regulator slapped Facebook with a small but symbolic fine for breaches of data protection law after millions of users’ data was improperly accessed by consultancy Cambridge Analytica. The 500,000 pound ($663,850) fine is less than 10 minutes worth of revenue for the social media firm worth $590 billion, whose shares were unchanged, but is the maximum amount allowed and represents the first move by a regulator to punish Facebook for the Cambridge Analytica controversy. Facebook CEO Mark Zuckerberg has faced questioning by U.S. and EU lawmakers over how the political consultancy obtained the personal data of 87 million Facebook users from a researcher. The company has promised to introduce reforms to its policies before local elections in Britain next year. Information Commissioner Elizabeth Denham said Facebook had broken the law by failing to safeguard people’s information and had not been transparent about how data was … [Read more...] about Facebook faces small but symbolic UK fine over data protection…
Federal data protection and information commissioner
Much of the UK still isn't ready for the huge changes brought by the EU's new data laws, according to the Federation of Small Businesses. The new rules have just got into effect and have wide-ranging impacts on how information about people can be stored and used. But many small companies are not at all ready, despite the threat of significant fines and punishment if they fail to comply. The new General Data Protection Regulation (GDPR) give people in the EU new powers to access and control their personal data, as well as giving regulators greater power to levy fines on firms who mishandle data or fail to be transparent in how they collect and use it. But the national chairman of the FSB Mike Cherry warned many smaller firms were still working on their compliance with the new laws. Gadgets and tech news in pictures + show all Gadgets and tech news in pictures 1/43 Designed by Pierpaolo Lazzarini from Italian company Jet Capsule. The I.F.O. is fuelled by eight electric … [Read more...] about GDPR latest: Much of the UK unready for wide-ranging new data protection laws
EU officials and lawmakers like to say the general data protection regulation (GDPR) is setting a new global standard. They say people living in the European Union will have more control over how their personal data is exploited by companies all around the world and that other states will reform or create new laws to respect privacy rights. Among them is European justice commissioner Vera Jourova, who drove the point home only last week in the wake of the ongoing scandal over Facebook and Cambridge Analytica. "It will help Europe to be able to enable the transfers of data outside Europe because what we see now is that the situation in the world there is more than 100 states which have specific laws on private data," she said. Next week she is heading to Japan and then to South Korea to discuss the latest rules, given both nations are seen as advanced when it comes to privacy and data protection. MEPs in the civil liberties committee had also earlier this year gone to Japan to discuss … [Read more...] about GDPR
Wales 22 May 2018 Share this with Facebook Share this with Twitter Share this with Messenger Share this with Messenger Share this with Email Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link http://www.bbc.com/news/uk-wales-44199910 Read more about sharing. These are external links and will open in a new window Close share panel Are you are fed up of emails from businesses imploring you to stay on their mailing list?Spare a thought for the small firms navigating the biggest shake-up in data protection rules in 20 years.The General Data Protection Regulation … [Read more...] about Data protection shake-up for small firms
European data protection authorities are conducting profoundly different recruitment policies to enforce the EU's upcoming new privacy rules. While data watchdogs in some EU countries are doubling their staff, others are not planning any new recruitment at all – even though EU citizens are getting a range of new rights under the general data protection regulation (GDPR) that will be enforced as of Friday (25 May). Vera Jourova, the EU justice commissioner, told reporters last week she is worried understaffed data protection authorities (DPAs) may make the task all the more difficult. "We want the DPAs to be well equipped for the job, not only for sanctioning but also for consulting, for advising and I don't like to see the DPAs being in trouble," she said. The number of staff currently working in Europe's DPAs vary significantly, from 11 in Malta to 565 in the United Kingdom (528.5 in full time equivalent, a comparison method takes into account that staff sometimes work part … [Read more...] about [Focus] Are EU data watchdogs staffed for GDPR?