data privacy News

Judge Questions Why Facebook May Have Overpaid in Data Privacy Settlement

Facebook Inc. may have paid $4.9 billion more than the maximum penalty it faced under a settlement agreement with regulators related to allegations it mishandled user privacy, according to a Wednesday court ruling. The information made public by a Delaware …

Top Insurance Regulatory Developments of 2020: Part 1

This is the first installment of a two-part look at the top 10 insurance regulatory developments of 2020 by attorneys at Locke Lord. The first part covers COVID-19, Insurtechs, Data Privacy, Race Equality and Pharmacy Benefit Managers. The second installment …

Swedish Insurer Folksam Accidentally Leaks Private Data on 1 Million Customers

Sweden’s largest insurer, Folksam, accidentally leaked private data on about one million of its customers to a handful of the world’s largest technology companies, it said on Tuesday. Folksam, which insures 50% of Swedish homes and individuals, shared the data …

U.S. Consumer Agency Weighs Update of Rules on Access to Personal Financial Data

The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify rules governing the access and use of consumer financial data which is collected by a growing number of online financial …

Top EU Court Rules Mass Spying on Phone, Internet Data Is Unlawful

The European Union’s top court ruled on Tuesday that unrestrained mass surveillance of phone and internet data is unlawful, in a move which could curb the powers of spying agencies in France and other EU countries. Privacy rights advocacy groups …

Firms Need Immediate Rethink on U.S. Data Transfers, Says EU Privacy Watchdog

Companies seeking to transfer data to the United States must revert to new arrangements with immediate effect after the Privacy Shield transatlantic pact was declared invalid last week, a European Union watchdog said on Friday. The privacy watchdog said the …

European Union Court Invalidates Special Data Privacy Shield Granted U.S. Firms

LUXEMBOURG – Europe’s highest court ruled on Thursday that a transatlantic data transfer deal is invalid because of concerns about U.S. surveillance in a decision that could disrupt thousands of companies that rely on the agreement. The ruling, which cannot …

Canadian Privacy Panel Finds LifeLab’s Data Breach Was One of Biggest

Canadian laboratory testing company LifeLabs failed to adequately protect sensitive health information of millions of people, resulting in one of the biggest data breaches in the country last year, privacy commissioners for the provinces of British Columbia and Ontario said …

Ireland, Luxembourg Lag in Support for Policing EU Data Privacy Compliance

Ireland and Luxembourg, European headquarters to Google, Facebook, Twitter and Amazon, need a substantial boost in resources to deal with data breaches by U.S. tech giants, a European Union report said. The report by the European Commission, seen by Reuters, …

Court Revives Privacy Violation Claims Against Facebook for Tracking Users

A federal appeals court last Thursday revived nationwide litigation accusing Facebook Inc. of violating users’ privacy rights by tracking their internet activity even after they logged out of the social media website. The 9th U.S. Circuit Court of Appeals in …