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IT’S THE LAW (06/07/2022)

Switzerland is under pressure from the UN to change long-standing bank secrecy laws and allow its Federal Intelligence Service (FIS) access to bank accounts considered a security risk. This follows a February Credit Suisse data leak, which showed criminals & human rights abusers were using bank services there. The UN says the country’s Article 47, which allows jailing or fining whistleblowers for revealing secret bank data, is in violation of human rights agreements Switzerland has signed.

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New CPRA reg draft signals move for much stricter control

June 7, 2022

While not final, a draft from California’s Privacy Protection Agency (CPPA) indicates what CPRA businesses should prepare for. Rules include a requirement to honor global opt-out requests,  clarification of language when choices are given, consumer notification of third-party collection and information handling, consumer rights to limit use of sensitive information, and having hyperlinks guide consumers directly to applicable areas of privacy policies for transparency and ease-of-use. 

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Consumer Reports gains grant to teach consumers about cybersecurity; prepare them for advocacy

June 7, 2022

With a $5 million grant in hand from the Craig Newmark (Craigslist founder) Philanthropies, Consumer Reports plans to give consumers tools they need to gird against cyber threats – and to advocate for the same from business and government. This is part of a much larger initiative by the charity to build civic infrastructure and policy frameworks.

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Treasure Data Introduces CDP Trade-Up Program

January 14, 2025

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.

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