Regulation - TechGenix

Irish DPC Fines Meta $414 Million for GDPR Violations concerning Targeted Ads

Tech News / By Daniel O Keeffe / January 9, 2023

Ireland’s Data Protection Commission (DPC) has fined Meta a total of €390 million ($414 million) for its method of getting users to consent to targeted ad campaigns. The first fine relates to its subsidiary Facebook, which amounts to €210 million ($225 million), and the second relates to Instagram, for €180 million ($191 million). The complaint was initially filed in May 2018 in relation to the usage of terms of service to force user consent for targeted ads.

Cybercrime Will Become Uninsurable, Zurich Insurance CEO Warns

Tech News / By Daniel O Keeffe / December 29, 2022

The CEO of Zurich Insurance, one of Europe’s largest insurance companies, has said that cybercrime could soon become uninsurable, warning that the risks surpassed climate change and pandemics. “What will become uninsurable is going to be cyber,” said CEO Mario Greco, speaking to the Financial Times. “What if someone takes control of vital parts of our infrastructure, the consequences of that?”

Ireland’s DPC Launches Twitter Inquiry after Breach Affects 5.4 Million Users

Tech News / By Daniel O Keeffe / December 27, 2022

Ireland’s Data Protection Commission (DPC) has launched a Twitter inquiry after a breach affected over 5.4 million users through an API vulnerability. DPC launched the inquiry under section 110 of the Data Protection Act and will look into any General Data Protection Regulation (GDPR) violations. The DPC is one of the foremost Big Tech regulators within the EU, having previously fined both Meta and Twitter for failing to comply with GDPR.

Epic Games Fined $520 Million for Violating Child Privacy and Deceptive Pricing

Tech News / By Daniel O Keeffe / December 21, 2022

Epic Games has reached a cumulative $520 million settlement with the Federal Trade Commission (FTC). The creator of Fortnite, Epic Games, was found to have tricked customers with in-game purchases, resorting to deceptive pricing patterns. The settlement also includes a record-breaking $275 million fine for Children’s Online Privacy Protection Act (COPPA) violations.

Australia Passes Bill Increasing Data Breach Fines from $2.2 to $50 Million

Tech News / By Daniel O Keeffe / December 1, 2022

The Federal Government of Australia passed a bill announcing increases in fines against companies involved in, or those failing to protect users against, data breaches. The amendment is mainly aimed at larger corporations in light of a slew of data breaches that were inadequately addressed in the past. It increases the total fine from 2.2 to 50 million AUD.

Should the IT profession be regulated?

Articles / By Mitch Tulloch / November 15, 2016

Some people think IT pros should be regulated in much the same way as engineers are. Will this solve some problems — or create others?

Top Challenges to Watch Out for when Dealing with IoT

5 challenges facing the Internet of Things

Articles, Internet of Things / By Benjamin Roussey / August 31, 2016

Deploying IoT apps on a global scale with millions of users accessing it simultaneously is a completely different ball game compated to lab environments.