EU breach fines exceed $1.2B last year
The EU imposed $1.25B worth of privacy breach fines in 2021, up sevenfold from $180M the previous year. Cross-border transfers will be an area to watch in 2022.
The EU imposed $1.25B worth of privacy breach fines in 2021, up sevenfold from $180M the previous year. Cross-border transfers will be an area to watch in 2022.
The US Internal Revenue Service (IRS) will require taxpayers to use ID.me, an online identification service to log in as of this summer, regardless of whether you have an account or are a new registrant. Krebs on Security has detailed the specifics of the proof of identity process.
Greece’s new “smart policing” program is alarming human rights groups. The program will allow use of facial and fingerprint scanning technology to collect and then compare data with police, immigration, and private sector data. Concerns are that this EU Commission-funded program will increase discrimination and abuse.
Meta has paid $14.3 billionen for 49% stake in Scale AI, which prepares training data for AI systems, and recruited its founder, Alexander Wang, to work on Meta’s own AI program. Scale AI will continue as an independent vendor, now valued at $29 billion. Scale’s clients include nearly all genAI vendors.