January 2016

ICO repeats calls for criminal penalties for employee data theft

U.K. Information Commissioner Christopher Graham has repeated his call for criminal penalties for employees who steal and sell customers’ private data See: https://ico.org.uk/about-the-ico/news-and-events/news-and-blogs/2016/01/information-commissioner-repeats-call-for-stronger-sentences-for-data-thieves/

 

U.K. consumers responsive to data breaches

According to an ICO poll (link), nearly 80% of U.K. consumers would think twice about doing business with an online company that has failed to protect personal data. See: https://ico.org.uk/about-the-ico/news-and-events/news-and-blogs/2016/01/your-reputation-is-at-risk-if-you-don-t-keep-data-safe-ico-warns/

 

Europeans skeptical of big data, privacy concerns persist

According to a Vodafone-backed study, Europeans remain skeptical of the benefits of big data and are wary of its effects on their privacy, David Meyer reports for Fortune. Germans were most skeptical, with 56% of respondents stating that they avoided including personal information in emails.

For the article: http://fortune.com/2016/01/18/europe-data/

 

LinkedIn privacy case settles for $13 million

LinkedIn has settled a privacy case with more than half a million members for $13 million, Wendy Davis writes for The Daily Online Examiner. Each member will receive $16 as part of the company’s settlement for using user’s names to send email invitations to their friends. For the article: http://www.mediapost.com/publications/article/266820/linkedin-users-press-judge-to-approve-13-million.html

 

World Economic Forum highlights cybersecurity

The World Economic Forum’s annual ‘Global Risks Report’ has named cybersecurity as a threat to industry as important as global issues such as terrorism, mass migration and climate change. ‘The failure to understand and address risks related to technology, primarily the systemic cascading effects of cyber risks or the breakdown of critical information infrastructure, could have far-reaching consequences for national economies,’ it states. About 750 experts and decision-makers in business, academia, civil society and the public sector responded to the survey.

To access the report:

http://www3.weforum.org/docs/GRR/WEF_GRR16.pdf