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The FCA has fined Equifax Ltd (Equifax) £11,164,400 for failing to manage and monitor the security of UK consumer data it had outsourced to its parent company based in the US. The breach allowed hackers to access the personal data of millions of people and exposed UK consumers to the risk of financial crime.
https://www.fca.org.uk/news/press-releases/equifax-ltd-fine-cyber-security-breach
Businesses found to have breached UK data protection laws when falling victim to cyber attacks could receive lower fines in respect of those infringements if they engage appropriately with the UK’s National Cyber Security Centre (NCSC), under a new agreement forged by the NCSC and the UK’s data protection authority.
https://www.pinsentmasons.com/out-law/news/uk-gdpr-fines-linked-ncsc-engagement
Businesses operating in the UK face enforcement action under data protection, consumer protection and competition law if their design of websites and apps leads to user risks or harm, two authorities have warned.
In a joint blog post, Stephen Almond, executive director for regulatory risk at the Information Commissioner’s Office (ICO) and Will Hayter, the Competition and Market Authority’s (CMA’s) senior director in its Digital Markets Unit, said they want to see “improvements” in digital design practices.
A new framework designed to promote business between the UK and US, by facilitating the free flow of personal data between the two countries, will begin to apply from 12 October.
The UK-US ‘data bridge’ is an extension to the EU-US Data Privacy Framework (DPF), which was adopted and took effect in July.
The European Commission has formally endorsed the EU-US Data Privacy Framework (DPF) in a move designed to support trans-Atlantic data flows.
https://www.pinsentmasons.com/en-gb/out-law/news/privacy-shield-2-eu-us-adopted
A woman whose data was stolen has described how criminals threatened to post naked photos of her online.
Louise, from south Wales, was one of the 500-plus current and former staff of cosmetics giant Shiseido whose data was stolen in a breach.
The UK Information Commissioner’s Office (ICO) has issued new guidance for employers on how to handle subject access requests (SARs).
https://www.pinsentmasons.com/out-law/news/ico-guidance-subject-access-requests
Five years on from its introduction into law, there is evidence that the General Data Protection Regulation (GDPR) has caused a shift in boardroom attitudes to data protection compliance – meeting a core objective of the legislators and regulators that drove reform.
https://www.pinsentmasons.com/en-gb/out-law/analysis/business-strategies-gdpr-technological-change
The introduction of the General Data Protection Regulation (GDPR) into EU law raised the stakes for businesses in terms of their data protection law compliance. Today, the impact of giving data protection authorities tougher enforcement powers is evident.
https://www.pinsentmasons.com/en-gb/out-law/analysis/data-protection-enforcement-evolve-gdpr
Ireland’s Data Protection Commission (DPC) has imposed a fine of €1.2 billion on Meta’s Irish subsidiary and ordered the company to stop sending the personal data of Facebook users in Europe to the US – beginning in five months’ time.
https://www.pinsentmasons.com/en-gb/out-law/news/record-gdpr-fine-issued-data-transfers
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