Vietnam’s Personal Data Protection Degree (PDPD) will come into effect July 1. The government has published the outline of obligations for compliance by foreign agencies, organizations and individuals, as well as for Vietnamese organizations operating abroad. The PDPD includes stipulations on data subject rights, including the right to be informed, consent, data access, and data portability.
Legal and compliance teams in healthcare are advising pullbacks from mass data collection and data use pending a clearer understanding the impacts of new regulation and recent actions by government agencies, particularly the Federal Trade Commission (FTC). This follows the FTC imposing fines of $1.5 million on online pharma company GoodRX and $1.8 million on online therapy provider BetterHelp.
The digital password, first used at MIT in 1961, is 62 years old, and according to many experts no longer serves critical security needs businesses have. The 2023 State of Passwordless Security Report, based on interviews Vanson Bourne conducted with 1,000 IT security professionals from EMEA, APAC, and US companies, indicates 88% had cyberattacks in the last year. Phishing (43%) was the most prevalent form and 28% were by push notification attacks (aka multi-factor authentication fatigue attacks -- MFA bombs).
Treasure Data will provide its system to free for companies that are stuck in contracts with other CDPs. The trade-up program is available to companies with roughly firms with $1 billion or more revenue, that already have a competitive CDP in place. There will still be some costs for services to make the conversion but Treasure Data says these are fairly small since it has considerable experience with such projects.