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The bright side of data privacy compliance: 5 value-driven opportunities for retailers

Thales Cloud Protection & Licensing

The bright side of data privacy compliance: 5 value-driven opportunities for retailers madhav Thu, 08/31/2023 - 05:20 Failing to keep up with data privacy legislations, such as General Data Protection Regulation (GDPR) or the California Consumer Privacy Act (CCPA) can harm a brand’s bottom-line and public reputation. Let’s unpack this.

Retail 71
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How to implement the General Data Protection Regulation (GDPR)

IBM Big Data Hub

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Even the world’s biggest businesses are not free from GDPR woes. Many businesses find it hard to implement GDPR requirements because the law is not only complex but also leaves a lot up to discretion.

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Security Outlook 2023: Cyber Warfare Expands Threats

eSecurity Planet

After a year that saw massive ransomware attacks and open cyber warfare, the biggest question in cybersecurity for 2023 will likely be how much of those attack techniques get commoditized and weaponized. Also read: SANS Outlines Critical Infrastructure Security Steps as Russia, U.S. Trade Cyberthreats. RaaS and CaaS Continue to Grow.

Security 145
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Data privacy examples

IBM Big Data Hub

An online retailer always gets users’ explicit consent before sharing customer data with its partners. Far-reaching regulations like Europe’s GDPR levy steep fines on organizations that fail to safeguard sensitive information. A navigation app anonymizes activity data before analyzing it for travel trends.

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UK ICO Issues Unprecedented Fine Against Mobile Phone Retailer for Lax Security

Hunton Privacy

On January 8, 2017, the UK Information Commissioner (“ICO”) issued an unprecedented monetary penalty of £400,000 against British mobile phone retailer, The Car Phone Warehouse Limited. This decision sets the tone for companies at the dawn of the entry into force of the GDPR.

Retail 40
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Avoiding, Managing And Responding To Cyber Incidents

Data Protection Report

In 2017, Equifax Inc, suffered a cybersecurity breach, with hackers able to access the personal data of around 13.8 The ICO has also indicated an intention to take action on cybersecurity breaches using the fining powers now available to it under the UK General Data Protection Regulation ( UK GDPR ).

GDPR 78
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2022 Cyber Security Review of the Year

IT Governance

Although there have still been a few surprises, with the death of Queen Elizabeth II and blazing heatwaves across the UK to name but two, it was a familiar year in the cyber security landscape. Meanwhile, GDPR (General Data Protection Regulation) enforcement continues apace. million) fine for twelve breaches of the GDPR.

Security 132