Home Depot Inc. incurred $33 million of pretax net expenses related to last year’s data breach in 2014, but still cannot estimate the breach’s ultimate cost, the Atlanta-based retailer said in its fourth quarter 2014 results, which were issued Tuesday….
Posts by Category: Data Protection & Privacy
Global Privacy Research Report 2014
This research report identifies the most viewed privacy stories of 2014 and demonstrates the depth and breadth of issues facing the privacy office today. From the challenges of data localization laws to mobile app best practice guidance, this report highlights the…
OTA Releases Guidelines on Privacy Assessment, Best Practices
More than 90% of the 500 data breaches that occurred from January to June 2014 could have easily been prevented, per a report released Wednesday from The Online Trust Alliance (OTA). The OTA’s 2015 Data Protection Best Practices and Risk Assessment Guides…
Data Breach Notification Bills Introduced in House and Senate
The Data Accountability and Trust Act (DATA Act), (H.R. 580), has been introduced in the House of Representatives. The bill would provide a nationwide data security standard, backed by FTC enforcement and civil penalties, as well as provisions requiring notification…
1 In 5 Employees Going Rogue With Corporate Data
A recent SailPoint survey conducted by Vanson Bourne results amplified concerns of companies around the world about the use of cloud applications to share mission-critical information. In fact, 20% of employees, as in, 1 in 5 employees, has uploaded proprietary…
New State Privacy Laws Go Into Effect on Jan. 1, 2015
California and Delaware legislators have recently passed bills that impose new data security and privacy requirements on companies nationwide. The laws include new data breach notification requirements, marketing restrictions, and data destruction rules. Read an…
6 Data Breach Trends To Watch In 2015
The Identity Theft Resource Center (ITRC), reports that there have been over 700 data breaches recorded in the U.S. so far this year, a 26 percent increase over the same time period in 2013. The Target breach that occurred late last year appears to have been a…
Ninth Circuit to Consider Constitutionality of California’s Reporting Agencies Law
Is California’s Investigative Consumer Reporting Agencies Act (“ICRAA”) constitutional? The Ninth U.S. Circuit Court of Appeals is poised to hear oral argument on the question on February 2, 2015. California created two separate laws when enacting a…
NH Legislature Restricts Employer Access to Employee’s Personal Social Media
The New Hampshire Legislature passedHB 1407 which will prohib it employers from obtaining an employee’s personal social media account user name and password. The bill passed both the House and the Senate. The governor is expected to sign it into law. This bill…
How Do Global Businesses Know When EU Data Protection Law Applies to Them?
At the heart of EU data protection law is the passionate belief in the right to privacy. Indeed, the Treaty of Lisbon has now recognised both privacy and data protection as fundamental rights under EU law. Yet, like any other law, it must be clear when and where EU…