Israeli banking corporations are now allowed to use cloud computing in their core systems and core activities, according to an amendment to the Circular on Proper Conduct of Banking Business concerning cloud computing. Until recently, this ‘core systems’ use was expressly prohibited by the circular. This change in approach, as the Supervisor of Banks clarified, stems from the recognition that ...
A group of bipartisan legislators presented a new congressional privacy bill in early June. The bill, if enacted, would pre-empt most state data privacy laws. The bill also would allow individuals to opt out of targeted advertisement and to assert legal claims against companies who unlawfully sell their data, among other things. This is the first major step toward a ...
Twitter has agreed to pay a $150 million fine to settle allegations that it had violated the Federal Trade Commission (FTC) rules by using personal data for targeted advertising without obtaining users’ prior consent, for over six years. In addition to the monetary fine, the social media giant was ordered to change its practices to comply with the law.
According ...
Tax exemptions for crypto transactions under $200, classification of virtual assets as securities and commodities, and an obligation to perform an analysis of energy consumption in digital asset markets – are some of the provisions in the U.S. federal Responsible Financial Innovation Bill, which aims to provide economic certainty and clarity in the cryptocurrency and blockchain sectors.
Among other matters, ...
Following its decision earlier this year to ban the use of Google Analytics for the processing of personal data from France in the absence of additional safeguards, the French data protection authority (CNIL) published a set of questions and answers on the use of Google Analytics by French data controllers.
CNIL reiterated that the existence of the Standard Contractual Clauses ...
The Association for Civil Rights in Israel asserted a petition with the High Court of Justice to judicially amend the Israeli Security Agency (ISA) Law, 5762-2002, to limit the ISA’s surveillance authority regarding telecommunication data granted to it under the law. The petition was filed following the revelation that the ISA had used its powers under the law to surveil ...
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