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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

Definition and Purpose of a Records Retention Schedule. Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. 8 This is the GDPR definition and other countries have similar broad definitions of personal data. Accessed March 13, 2022.

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New CNIL €400,000 fine for data security breaches and non-compliance with data retention period under the GDPR

Data Protection Report

The issue giving rise to the financial penalty was a security breach relating to the company’s website notified by a user to the CNIL on 12 August 2018. The user stated that he was able to access other users’ personal information from his website account by changing the URL address.

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AUSTRALIA: Review into Open Banking – Farrell Report released

DLA Piper Privacy Matters

Following in the footsteps of Governments across international borders, the results of the long-awaited and much discussed Review into Open Banking in Australia were released late on Friday, 9 February, 2018. An implementation period of 12 months is recommended from the date of the Government’s decision to implement.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No.

Privacy 58
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California Enacts Broad Privacy Laws Modeled on GDPR

Data Matters

On June 28, 2018, California Gov. Jerry Brown signed into law the California Consumer Privacy Act of 2018 (AB 375). Nonetheless, and despite the California legislators’ ostensible effort to achieve compromise, the new legislation requires disclosure, access, deletion, portability and enforcement far in excess of what U.S.

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