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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-03-02T17:51:00
The Italian data protection authority took action against electric utility company Edison Energia for multiple alleged violations of the General Data Protection Regulation (GDPR) regarding marketing communications and data processing transparency.
Garante announced Feb. 21 it fined Edison 4.9 million euros (then-U.S. $5.2 million) back in December after receiving multiple complaints from individuals of unwanted communications on behalf of the company. The regulator notified Edison of its investigation in May, and the company disputed the claims in June.
In addition to the penalty assessed, Garante is requiring Edison to adopt suitable procedures aimed at verifying compliant processing of personal data regarding promotional activities and enhance its customer consent procedures. The company was given 45 days to notify the regulator of progress made.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-05-09T13:28:00Z By Kyle Brasseur
The Croatian data protection authority handed down its largest penalty under the General Data Protection Regulation to date: a fine of nearly €2.3 million (U.S. $2.5 million) against debt collector B2 Kapital.
2023-04-03T18:13:00Z By Adrianne Appel
The Italian data protection authority shut down ChatGPT in the country, alleging the AI chatbot violates European Union privacy laws and has no controls to stop it interacting inappropriately with young children.
2022-01-21T19:58:00Z By Neil Hodge
Italian energy supplier Enel Energia has been fined €26.5 million (U.S. $30.1 million) under the General Data Protection Regulation for aggressive telemarketing.
2024-11-20T18:15:00Z By Aaron Nicodemus
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
2024-11-19T21:05:00Z
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
2024-11-19T19:26:00Z By Aaron Nicodemus
A publicly traded cryptocurrency mining company will pay $10 million and completely change its business model to one with “lower corruption risk” as part of a settlement over violations of the Foreign Corrupt Practices Act (FCPA), two regulators announced.
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