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Ireland: DPC Produces “Significant Outputs” for 2022 Concluding 17 Large Scale Inquiries

DLA Piper Privacy Matters

The Annual Report highlights that the most frequent GDPR topics for queries and complaints in 2022 were access requests; fair processing; disclosure; direct marketing and right to be forgotten (delisting and/or removal requests). Of note is the DPC’s ongoing inquiry into the Department of Social Protection which commenced in 2021.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

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Reltio Named a Leader in the 2021 Forrester Wave™ Report for MDM

Reltio

The recent report, The Forrester Wave™: Master Data Management , Q4 2021 notes that “Master data management helps accelerate digital transformation initiative.” The Forrester Wave™ for Master Data Management Q4 2021 report calls out that: “ Reltio is a one-stop shop for MDM deployment with advanced capabilities.

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China’s PIPL has finally arrived, and brings helpful clarification (rather than substantial change) to China’s data privacy framework

DLA Piper Privacy Matters

In good news for organisations handling personal information, China’s Personal Information Protection Law (“ PIPL ”) was finalised on 20 August 2021, and will come into force on 1 November 2021. These relevant industry regulators will be identified in due course by the CAC.

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Massive Losses Define Epidemic of ‘Pig Butchering’

Krebs on Security

. “There are just horrifying stories that run the gamut in terms of victims, from young women early in their careers, to senior citizens and even to people working in the financial services industry.” The now-defunct homepage of xtb-market[.]com, Nolan’s mentor had her create an account website xtb-market[.]com

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

billion in reported fraud in 2021 alone. For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies. According to a report by the United States Sentencing Commission, the median loss of healthcare fraud in 2021 was over $1 million per infraction.

Analytics 113
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SHARED INTEL: Akamai reports web attack traffic spiked 62 percent in 2020 — all sectors hit hard

The Last Watchdog

As a leading global content delivery network (CDN), Akamai has a birdseye view of what is coursing through cyber space moment-by-moment. billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. Here are excerpts of our discussion, edited for clarity and length.