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$8 million penalty to NYDFS – and another case of over-retention

Data Protection Report

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

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Record Retention is a Key Component of Your Privacy and Cyber Compliance Program

Data Protection Report

the Federal Trade Commission has long recommended that companies properly and promptly dispose of personal information once it is no longer necessary to retain it for legal or business reasons. A policy or standard needs to be set, which is then explained by training and is measured. In the U.S., Data is not just a risk.

Privacy 144
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Record Retention is a Key Component of Your Privacy and Cyber Compliance Program

Data Protection Report

the Federal Trade Commission has long recommended that companies properly and promptly dispose of personal information once it is no longer necessary to retain it for legal or business reasons. A policy or standard needs to be set, which is then explained by training and is measured. In the U.S., Data is not just a risk.

Privacy 52
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The Privacy Officers’ New Year’s Resolutions

Data Protection Report

the Federal Trade Commission has long recommended that companies properly and promptly dispose of personal information once it is no longer necessary for legal or business reasons. In the U.S., This would include the major tech giants but there is also appetite to include more “hidden” players in the digital ecosystem, such as data brokers.

Privacy 84
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Cloud, Intelligent Content Services, and Digital Fragility: What’s on the RIM Horizon for 2020

ARMA International

in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams. Information Governance Programs Still a Work-In-Progress. Nineteen percent of RIM programs report into IT (up from 15% in 2017), and 28% into legal (up from 18.5%

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The Privacy Officers’ New Year’s Resolutions

Data Protection Report

the Federal Trade Commission has long recommended that companies properly and promptly dispose of personal information once it is no longer necessary for legal or business reasons. In the U.S., This would include the major tech giants but there is also appetite to include more “hidden” players in the digital ecosystem, such as data brokers.

Privacy 52
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Tuesday’s Relativity Fest 2019 Sessions: eDiscovery Trends

eDiscovery Daily

Speakers Include: Constantine Pappas – Senior Manager, Relativity Solutions, Relativity; Karen Wagshul – eDiscovery Counsel, Allstate; Kimberly Quan – Lead, eDiscovery & Information Governance, Juniper Networks; Beth Solomon – Director & Senior Counsel, Payments, Discover Financial Services.