IT’S THE LAW (11/02/2021)

Draft legislation for a Bangladesh data protection law has raised concern that citizen privacy rights may be suppressed, rather than protected, if the Data Protection Act (DPA) is ultimately passed. The draft, which had been available online earlier this year, indicted legislators were considering increased government access to personal data and expansion of departmental surveillance capabilities. This coupled with exempting key agencies from prosecution, could result in weaponization of the law to stifle critics of the government.

Facebook (Meta), Snap, Twitter, and YouTube were big losers following Apple’s overhaul of its privacy policies to give users more control. The estimated $9.85 billion lost by the companies in the third and fourth quarter on average represented a 12% loss of revenue for 2021, according to research firm Lotame.

CDPI Privacy Newsletter

A survey of 2600 IT and security professionals conducted by Thales found security breaches increasingly common in multicloud and hybrid cloud environments. Breach levels, which were as high as 44% in US & 43% in EU, are expected to rise in the coming year, though encryption levels were low across all industries averaging only 17%.

CDPI Privacy Newsletter

The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.

CDPI Newsletter

CDP Institute

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IT’S THE LAW (11/02/2021)

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Apple’s privacy policy changes drive est. $9.85B loss to social media giant revenue

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