IT’S THE LAW (08/23/2022)

CBDCs (aka Central Bank Digital Currencies) in your wallet may become the biggest threat to your privacy. Reason is, once financial transactions go digital, our activities can be fully tracked, A new Israeli law that’s about to cap cash transaction size in that country is the newest example of the push to use digital currencies worldwide. To date, more than 90 countries are exploring and expanding use of CBDCs. A newly issued report from Europe’s Central Bank explains the implications and looks at how CBDCs will impact business and privacy. Key Question: Can market forces and resounding demand from consumers for financial privacy ensure a desirable level of CBDC privacy? Absolutely not, this report notes, which is why we need to understand what this is about. This interactive tracker world map shows country status of CBDC adoption.

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Read More – European Central Bank study

Read More – CBDC Interactive tracker

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LexisNexis accused of violating law protecting immigrant data

August 23, 2022

Data broker LexisNexis is accused in a Chicago-area lawsuit of selling personal information on immigrants to federal law enforcement and other third-party buyers without consent. Data included correctional bookings and vehicle collision and license plate data. Immigration advocacy groups involved pointed to a $22 million contract that US Immigration and Customs Enforcement (ICE) has for a LexisNexis product that enables instant access to personal data without warrants or subpoenas.

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Microsoft Lets Publishers Block Bing Chat Separately from Bing Search

September 26, 2023

Nearly one-third of major news publishers have blocked generative AI tools from reading their content.   But that’s a drastic measure which could also exclude their results from conventional search engines.  Microsoft has just given publishers the option to block access by Bing Chat without also removing their content from search results.  We’ll see if competitors do the same.

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