On Aug. 9, ICO fine for selling of personal data to a political party. ICO fine Lifecycle Marketing (Mother and Baby) ltd, aka Emma's Diary, £140,000. Followed interim report on data analytics for political campaigning, see #45157. ICO Findings Illegally collected, sold personal information belonging to more than 1mn people. Data broking company, which provides advice…
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CBOI Fines IA for Privacy, AML
On Jun. 15, CBOI fined I/A €443k for exposure to cyber-fraud. Appian Asset Management breached client asset, AML, and fitness, probity rules. Alleged Violations The firm’s historic regulatory failures left it exposed to cyber-fraud by third party. Acting on instructions of fraudster impersonating client, it facilitated transactions. Over two-month period no one at Appian…
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ILG Prepares Customers for General Data Protection Regulation (GDPR)

ILG Prepares Customers for General Data Protection Regulation (GDPR) The EU’s General Data Protection Regulation (GDPR) is the biggest overhaul of European data privacy laws in 20 years. BUT this is not just a European event, U.S. companies that operate in the EU need to start preparing for this today. Any American company that does…
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