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€114 Million in Fines Imposed by EU Authorities Under GDPR

New findings from DLA Piper show that 160,000 data breach notifications reported across 28 European Union Member States and data protection authorities have imposed €114 million in monetary fines under the GDPR for a wide range of infringements. Not all fines were related to data breach infringements, however.

In terms of the total value of fines issued by geographical region, France (€51m), Germany (€24.5m) and Austria (€18m) topped the rankings, whilst the Netherlands (40,647), Germany (37,636) and the UK (22,181) had the highest number of data breaches notified to regulators.

Source: €114m in Fines Imposed by Euro Authorities Under GDPR – Infosecurity Magazine

2019 registers over €400m in data protection fines in Europe

Last year, the data protection authorities in the EEA imposed 190 fines with a total cost of over €410,000,000, according to a new report by Federprivacy.

The study analyzed official sources of information in the 30 countries that are part of the European Economic Area (EEA).

The most active Authority for Data Protection was Italy (GPDP) with 30 actions in 2019, followed by Spain (AEPD) with 28, and Romania (ANSPDCP) with 20. The strictest has been the UK (ICO) with €312,000,000 of sanctions (76% of the total).

Source: #Privacy: 2019 registers over €400m in data protection fines in Europe

Study finds consumers would choose biometric authentication over passwords

Passwords are a double-edged sword: they are meant to protect information, but they are also frustrating with so many to remember and manage.

A recent Visa survey showed that 68% of U.S. shoppers have abandoned an online purchase due to forgetting a password, trouble logging in, or issues receiving a one-time passcode.

According to Visa, more than half of credit cardholders who responded to the survey (53%) say they would switch banks if their current doesn’t offer biometric authentication options.

Source: #Privacy: Study finds consumers would choose biometric authentication over passwords

Consumers want personalisation and expect a cost benefit for their data

A study by Dassault Systèmes has revealed that younger consumers are leading the push for personalization that improves products and services, quality of life and personal safety, and are more willing to pay and share their data to get it.

Study confirmed that nearly all consumers already value the importance of personalization, in particular for health and personal safety, and share concerns about how data is collected and managed to achieve it.

Source: #Privacy: Consumers want personalisation and expect a cost benefit for their data

Cyber risk index increased in 2019

Trend Micro Incorporated a specialist in cybersecurity solutions, today released the results of its latest Cyber Risk Index (CRI) study.

The results show businesses remain at an elevated risk of cyber attack due to organizations’ increased concerns over disruption or damages to critical infrastructure.

Source: #Privacy: Cyber risk index increased in 2019, study reveals

NIST Study Evaluates Algorithmic Bias

A new NIST study examines how accurately face recognition software tools identify people of varied sex, age and racial background.

Results captured in the report, Face Recognition Vendor Test (FRVT) Part 3: Demographic Effects (NISTIR 8280), are intended to inform policymakers and to help software developers better understand the performance of their algorithms. Face recognition technology has inspired public debate in part because of the need to understand the effect of demographics on face recognition algorithms.

Source: NIST Study Evaluates Effects of Race, Age, Sex on Face Recognition Software | NIST

New White Paper Provides Guidance on Embedding Data Protection Principles in Machine Learning

Immuta and the Future of Privacy Forum (FPF) released a working white paper, Data Protection by Process: How to Operationalise Data Protection by Design for Machine Learning , that provides guidance on embedding data protection principles within the life cycle of a machine learning model.

The paper provides clear instructions on how to fulfill the DPbD obligation and how to build a DPbD strategy in line with data protection principles.

Source: New White Paper Provides Guidance on Embedding Data Protection Principles in Machine Learning

Consumers Worry More About Privacy Than Any Other Issue Except Healthcare

That’s according to a new study from Wunderman Thompson Data, which found that 58% of consumers are very concerned about the privacy and security of their personal information and data.

85% of respondents think it’s difficult to know just what to do to protect your personal information and data these days. And 68% find Terms & Conditions and Privacy Policies “difficult to understand” and as a result, 72% only read them sometimes (25%), rarely (35%) or never (12%).

Source: Consumers Worry More About Privacy Than Any Other Issue Except Healthcare 12/17/2019

GDPR-Compliant Companies Outperform Rivals

Capgemini have published a new report which indicates that companies that comply with GDPR avail of certain advantages thanks to improved customer engagement and profits.

The report has found that GDPR compliant organizations have outperformed non-compliant by an average of 20%. The company polled 1,100 senior executives in various industries in many different markets.

Source: Capgemini Report: GDPR-Compliant Companies Outperform Rivals – Compliance Junction

Talend Report Showcases Low GDPR Compliance Rates for Data Subject Access Requests

Talend’s new survey shows that less than half of all companies and public sector organizations were able to respond to a Data Subject Access Request within the time period stipulated by GDPR.

Media and telecommunications companies also scored very poorly, with only 32% of them responding in a timely manner. Only 46% of retailers are able to respond to Data Subject Access Requests in a timely manner.

Source: Talend Report Showcases Low GDPR Compliance Rates for Data Subject Access Requests – CPO Magazine

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