🤝 Over the years, turbulence in trans-Atlantic data transfers raised questions. Remember "Schrems I" in 2015 and "Schrems II" in 2020? These were game-changers. 👇
🌊 A bridge was built over these troubled waters! The UK-US Data Bridge is now official, promising high standards of privacy for UK personal data.
Starting from October 12th, UK organisations can seamlessly transfer personal data to US counterparts certified under the "U.K. Extension to the EU-US Data Privacy Framework." No more hassles with international data transfer agreements.
🛡️ But there's more! This bridge also means that UK organisations may no longer need to perform complex assessments regarding US surveillance laws and practices. The UK government has analysed these aspects, ensuring data protection for UK data subjects.
As we acknowledge this milestone, let's not forget the global landscape. The EU-US Data Privacy Framework is already facing legal challenges, and worldwide organisations are exploring multilateral data transfer frameworks… read more
🕵️♂️ OpenAI is under scrutiny again! Last month, a complaint was filed against ChatGPT and OpenAI in Poland, alleging breaches of EU privacy laws. 👇
The Polish authority is now officially investigating. They're concerned about data processing methods and transparency.
This case highlights the importance of privacy by design in AI. 🤖 Data protection and transparency are crucial!
OpenAI is facing growing regulatory challenges in the EU, with Italy and Spain also investigating… read more
datamatters.sidley.com • 4 min read
🚀 FIDA aims to propel the financial sector into the digital age by making customer financial data more accessible and shareable, be it for businesses or consumers. 👇
🏦 It's not just a proposal — it's a game-changer for financial organisations, including those in the "financial information service providers" category.
💥 But here's the kicker: Noncompliance with FIDA can lead to fines up to 2% of annual worldwide turnover and a 10-year ban for responsible individuals.
🌟 FIDA is part of the EU's grand plan to make "Europe fit for the digital age." It's in line with other exciting developments like the EU Artificial Intelligence Act, the EU Data Act, and cybersecurity laws such as DORA… read more
📲 UK Home Secretary Suella Braverman has launched a campaign urging Meta to reconsider its plan for end-to-end encryption on Facebook and Instagram. 👇
Why the fuss? 🤔 Braverman argues that this move could hinder the police's ability to catch online predators. The National Crime Agency estimates that encrypted messages could wipe out over 85% of reports of online child sexual abuse material.
Meta insists it will keep its platforms safe through various measures, like monitoring suspicious behaviour and offering controls to protect kids. But Braverman remains sceptical. She's called on Meta to stop its encryption rollout unless it can provide stronger assurances.
The battle isn't just about privacy vs. safety; it's also tied to the Online Safety Bill. This bill empowers regulators to force tech companies to monitor messenger apps for illegal content, sparking controversy over the impact on end-to-end encryption… read more
➕ Children to get extra protection, but rejection of right for adults to opt out of targeted advertising likely to disappoint consumer rights advocates. 👇
Australians will gain the right to sue for "serious" privacy breaches under reforms that would also require small businesses to comply with privacy laws for the first time.
Children will also gain additional privacy protections, but a broader right for adults to opt out of targeted advertising recommended by the Attorney-General's Department has been rejected by the government, a decision likely to disappoint consumer rights advocates.
The government wants the changes to become law in 2024… read more
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