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Selling and utilising personal data in an insolvency situation

Data Protection Report

For example, in February of this year, the FCA and ICO issued a joint statement warning regulated firms and insolvency practitioners of their responsibilities when dealing with personal data. What are the legal mechanisms to sell or utilise personal data in an insolvency situation? Asset sales.

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Weekly podcast: Australian Cabinet Files, Matt Hancock MP’s app and Monero mining

IT Governance

In its guidance for app developers, the Information Commissioner’s Office advises that: “Users of your app must be properly informed about what will happen to their personal data if they install and use the app. Wait a moment – cryptocurrency mining ? What’s that? An average victim machine could “generate about $0.25

Mining 66
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GUEST ESSAY: Why any sudden influx of spam emails is an indicator of a likely security issue

The Last Watchdog

Typically, scammers want to get ahold of an email because it’s a gold mine of information. They can use it to trace online activity , find attached accounts and uncover personal data. Take the WhatsApp data breach of 2019, where hackers got the personal data of 1.5 billion people by using malware.

Security 156
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Cathay to mine personal data to tailor to premium flyers

Information Management Resources

The airline is logging the travel habits of lucrative business-class flyers, such as when they want their seat laid flat, in a bid to individually tailor flights for them.

Mining 28
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NY Charges First American Financial for Massive Data Leak

Krebs on Security

In a written statement, First American said it strongly disagrees with the DFS’s findings, and that its own investigation determined only a “very limited number” of consumers — and none from New York — had personal data accessed without permission.

Insurance 284
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MY TAKE: What if Big Data and AI could be intensively focused on health and wellbeing?

The Last Watchdog

The blue-sky mission is to bring modern data mining and machine learning technologies to bear delivering personalized services that ameliorate not just physical ailments, but also mental and even emotional ones. across the whole ecosystem, whether it’s personal health, mental health, social health or worker wellness.”.

Big data 276
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Data protection laws are great. Shame they are not being enforced | John Naughton

The Guardian Data Protection

In essence, the GDPR is a set of rules designed to give EU citizens more control over their personal data. It was a gold mine for legal and data-protection consultants. On the face of it, the GDPR looks like a formidable legal instrument.

GDPR 63