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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-06-02T15:43:00
Microsoft will reserve $425 million to pay a potential fine from the Irish Data Protection Commission (DPC) regarding alleged violations of the General Data Protection Regulation (GDPR) by its social media subsidiary, LinkedIn.
Microsoft, which made the disclosure Thursday on its investor relations page, said the Irish DPC began investigating a complaint against LinkedIn in 2018, alleging the platform’s targeted advertising practices violated the GDPR. The stringent European Union privacy law took effect that year.
In April, Microsoft said it received a preliminary draft decision from the Irish DPC that found LinkedIn’s targeted advertising practices violated the GDPR. Microsoft said it cooperated with the inquiry.
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2024-03-29T13:41:00Z By Neil Hodge
The Irish Data Protection Commission has a new leadership structure, but it is uncertain whether the changes can get the key privacy regulator caught up on enforcement of the General Data Protection Regulation.
2023-09-07T13:21:00Z By Neil Hodge
Companies that think paying reduced ransomware demands would be a better move than informing regulators of a data breach and facing enforcement are playing with fire, according to experts.
2023-06-13T19:25:00Z By Jeff Dale
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.
2024-07-02T20:35:00Z By Adrianne Appel
Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
2024-07-02T14:42:00Z By Adrianne Appel
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
2024-07-02T13:50:00Z By Aaron Nicodemus
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
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