All Europe articles – Page 14
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Blog
L’Oréal names chief DEI officer for North America
Cosmetics company L’Oréal announced the appointment of Liliahn Majeed as chief diversity, equity, and inclusion officer for North America.
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News BriefEU proposal eyes clearer GDPR cross-border case guidelines
The European Commission seeks to combat longstanding issues under the General Data Protection Regulation regarding cross-border cases with new proposed rules.
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PremiumExperts: Ways to stay ahead of generative AI risks
Not all companies can rely on bans or restrictions to employee use of generative artificial intelligence like ChatGPT. Instead of telling people what they can’t do, focus on what they can do.
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PremiumTPRM Summit takeaways: Tech risks, board and audit relationships
The impact of new technologies like generative artificial intelligence on the third-party risk management landscape was among the points of discussion addressed at Compliance Week’s TPRM Summit in Atlanta.
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PremiumKroll survey: Firms rapidly adopting AI tools for financial crime compliance
A new survey of senior leaders and risk professionals from around the world found more than half the respondents have turned to artificial intelligence technology to address a perceived rise in financial crime risks, although most solutions are still rather new.
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PremiumExperts: Pressure on compliance to begin assessing AI Act impact
Compliance functions are largely unprepared for the European Union’s AI Act, with many still unaware of what artificial intelligence their organizations are using or the risks the technology poses to their business, according to experts.
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Blog
Teleperformance appoints chief legal, compliance officer
Business services company Teleperformance announced the appointment of Teri O’Brien as chief legal and compliance officer.
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News BriefFATF flags Cameroon, Croatia, Vietnam on AML/CFT watchlist
The Financial Action Task Force added Cameroon, Croatia, and Vietnam as part of the latest updates to its so-called “grey list” of jurisdictions under increased monitoring for money laundering and terrorist and proliferation financing.
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PremiumNAVEX report: Driven by cyber threats, infosec compliance top of mind
Compliance teams are taking more responsibility for issues related to information security and data privacy, motivated by increasing threats posed by data breaches and cyber intrusions, according to a new survey from NAVEX.
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News BriefFrench DPA fines adtech firm Criteo $44M under GDPR
Adtech firm Criteo was assessed a penalty of €40 million (U.S. $44 million) for multiple alleged violations of the General Data Protection Regulation, including failing to verify it gained consent to process the data of European Union citizens.
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News BriefOFAC orders Swedbank Latvia to pay $3.4M over Crimea sanctions violations
Swedbank Latvia agreed to pay more than $3.4 million to resolve apparent U.S. sanctions violations in the Crimea region of Ukraine, the Office of Foreign Assets Control announced.
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News BriefLawsuit: Ex-Grindr privacy chief alleges firing over red flags raised
The former chief privacy officer at Grindr is suing the company behind the LGBTQ dating app for wrongful termination regarding alleged privacy violations he raised that new management ignored.
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PremiumAs AI Act moves forward, concerns of undermined GDPR persist
The European Union wants to bolster tech innovation within the single market as artificial intelligence is predicted to catapult economic growth, but some have expressed fears AI use might conflict with levels of automatic protection expected under the General Data Protection Regulation.
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News BriefSwedish DPA fines Spotify $5.4M for ‘low level’ GDPR lapses
Sweden’s data protection authority levied a fine of 58 million Swedish krona (U.S. $5.4 million) against music streaming service Spotify following an audit on how the company handles customers’ rights to access their personal data.
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PremiumSurvey: Social risks in supply chain prove vexing for GRC professionals
Respondents to a survey conducted by the International Compliance Association said they were confident they understood and are properly monitoring the social risks in their companies’ supply chains, though blind spots regarding cultures and strategic plans remain.
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News BriefMicrosoft reserves $425M for LinkedIn GDPR penalty
Microsoft will reserve $425 million to pay a potential fine from the Irish Data Protection Commission regarding alleged violations of the General Data Protection Regulation by its social media subsidiary, LinkedIn.
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PremiumFive years of GDPR: Experts forecast changes to come for landmark privacy law
The fifth anniversary of the European Union’s General Data Protection Regulation coming into force has highlighted the many successes of the legislation but also exposed areas where the law is still untested and unclear.
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PremiumRecord Meta fine brings wider GDPR ramifications for EU-U.S. data transfers
Meta’s latest punishment for breaching the European Union’s General Data Protection Regulation will have far-reaching ramifications for companies both in Europe and beyond.
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PremiumFive years in, GDPR still a lightning rod for criticism
The General Data Protection Regulation risks losing credibility if enforcement is not harmonized and privacy by design is not at the heart of tech innovation, said EU officials during a summit marking the fifth anniversary of the legislation.
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News BriefMeta fined record $1.3B in GDPR data transfer ruling
The Irish Data Protection Commission announced a record penalty of €1.2 billion (U.S. $1.3 billion) against Meta regarding its transfers of user data from the European Union to the United States in violation of the General Data Protection Regulation.