With scams and fraud accounting for 39% of reported crime in England and Wales, responsible data sharing has become critical in combating these issues. The Information Commissioner’s Office (ICO) emphasises that data protection law doesn’t prevent organisations from sharing personal information when done in a fair, responsible, and proportionate manner. In our latest blog, we break down the 7 key steps organisations must take to share personal data legally and effectively, ensuring compliance with the UK GDPR while tackling scams and fraud head-on. Read the full blog to learn how responsible data sharing can make a difference in fraud prevention and protect your business and customers: https://lnkd.in/dYYpV4tC #DataProtection #FraudPrevention #GDPR #DataSharing #Fraud #ICO
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Personal data is valuable, and protecting it is a legal and ethical responsibility. Misuse, loss, damage, or theft of personal data can have serious consequences, including identity theft, discrimination, or even physical harm. 😲 Remember, data protection isn't just good practice… It’s the law. Failing to comply can result in complaints and action from the ICO, fines, damage to your company’s reputation, legal action from affected individuals and loss of customer trust. Stay compliant. Stay protected. Contact us to see how we can help you with your GDPR compliance journey. #gdprcompliance #dataprotection
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NY Cybersecurity Rules to Require Financial Services Firms to Report Reasons for Noncompliance - The new rules, set to come into effect on April 15, have prompted a conversation over how DFS will approach their enforcement. LDM Global #ldmglobal #CLOC #cgi2023 #ALSP #CLM #managedreview #legaltech #legalinnovation #legaloperations #documentreview #ediscovery #contractmanagement #contracts #lawfirms #contractreview #contractlifecyclemanagement #contractintelligence #contractdrafting #dataprivacylaw #legalsolutions #legalops #cyberlaw #duediligence #mergersandacquisitions #cyberattack #cyberawareness #cyberintelligence #divestitures #litigationsupport #practicemanagement #privacy #mergersandacquisitions #antitrustlaw #anticorruption #fcpa #antitrust #investigations #gdpr #gdprcompliance #gdprcompliant #BusinessLaw #BestPractices #datasecurity #innovation #ILTACON2023 #cyber #lpo #bpo #exoedge #legal #paralegal #legalassistant #AI #FTC https://lnkd.in/ej9bZb6Q
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Compliance with industry regulations like HIPAA and GDPR can be complex, but CoreIT has your back! 💼 From healthcare to finance, our tailored IT solutions help businesses meet necessary standards, reducing legal and financial risks. 🛡️ #FAQFriday #CoreIT #ComplianceSolutions #SMB #ITCompany #ITBusiness #InformationTechnology #HIPAA #GDPR #Legal #LegalTech #Finance #Fintech #Medical #MedTech #CyberSecurity #BusinessCompliance #RiskManagement #DataProtection
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📢 Landmark Judgements Uphold Stringent Rules for Compensation under Article 82 GDPR - A Win for Businesses The recent European Court of Justice (ECJ) rulings concerning the interpretation of Article 82 General Data Protection Regulation (GDPR) brings significant insights to companies dealing with data protection issues. Here are three key takeaways: ⚪ Recognition of High Standards for Demonstrating Damages - ECJ consistently demands that plaintiffs must demonstrate specific and causal damage resulting from GDPR infringement. This high bar for demonstrating damages confirms that the mere assertion of fear without proven negative consequences is insufficient – such as fears of misuse of data. This reaffirmation supports businesses by filtering out unjustified claims. ⚪ Data Theft ≠ Identity Theft - ECJ concludes that the theft of personal data cannot be regarded as identity theft or identity fraud. Rather, the latter presuppose that a third party has actually misused the identity of a person affected by data theft. ⚪ Irrelevance of National Provisions Breach on EU Damage Compensation - ECJ stated that simultaneous infringement of national provisions related to personal data protection doesn't lead to increased damages under Art. 82 GDPR, effectively ring-fencing EU damages away from national jurisdiction infringements. This reinforces the distinctness of GDPR from national regulations, promoting clarity and consistency for businesses operating across EU borders. Find out more here 👉 https://lnkd.in/ehztShHB Need more insights on GDPR and its implications for your business? Feel free to contact me. #Linklaters #GDPR #ECJ #DataProtection #Art82GDPR
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We bring you our latest edition of Fountainhead Legal’s Data Privacy and Technology Law newsletter. October 2024 saw the rise of new cybercrime tactics like ‘digital arrest’ scams, where fraudsters pose as authorities to extort victims, and a major insurance sector data breach that prompted the IRDAI to introduce stricter cybersecurity and fraud-monitoring standards. India’s judiciary is also shaping privacy rights, with the Supreme Court staying a Madras High Court ruling on the ‘right to be forgotten’, and the Bombay High Court ordering action against deepfake videos targeting a financial expert. Internationally, LinkedIn’s €310 million GDPR fine, the US’s new “Click-to-Cancel” rule, and Australia’s cybersecurity legislation all reflect a global trend toward stronger privacy protections. For organizations in India, this is an ideal time to strengthen compliance frameworks, and Fountainhead Legal is here to support your journey. Enjoy our latest insights! #DataPrivacyUpdate #CyberSecurityNews #TechLawTrends #DataProtection #CyberFraudAwareness #RightToBeForgotten #PrivacyRights #GDPRFines #DigitalCompliance #PrivacyInIndia https://lnkd.in/dGJzTfPz Aarushi Ghai Janmejay Jaiswal Bhavya Dayal Renee Gohil
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🔒 Protect your sensitive data with Resource 1🔒 Our physical destruction method ensures compliance with regulations like HIPAA, GDPR, and PCI-DSS. Say goodbye to data recovery risks and legal penalties. Trust Resource 1 to keep your information safe and secure. #DataDestruction #Compliance #Security
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Sixth Principals to The #Digital #Personal #Data #Protection Act (DPDPA) in #India Reasonable Safeguards The Data Fiduciary or Processor has got to take all reasonable safeguards to prevent personal data breach so that the data is protected and privacy is intact. #dataprivacy #DPA #DPDPA
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Will the internet stop being a free place w/ KYC legislation and ramped-up identity liability for social media firms? That’s the aim of the Senate’s #KOSA and some state legislatures across the US. And it underscores why privacy + anonymity are vital me on Free the People for Consumer Choice Center
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In a world where cybercrimes are taking place more frequently, it's great to know that we at Somerset Larder have once again made sure that our compliances are all in order. It's easy for companies to forget why it is beneficial to ensure that their GDPR accreditations are up to date when we are all so busy. However, by doing so it helps prevent against fraud, cybercrimes and puts in place strong data protection measures and safeguards that will not only protect the customers and colleagues personal data, but also the companies data. Our thanks goes to Durgan Cooper ✔ and CETSAT for confirming that once more our GDPR Fundamentals are all in check 😊 #GDPR #Dataprotection #Preventativemeasures #Safeguards #Compliance
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