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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-07-17T14:43:00
The Norwegian Data Protection Authority (DPA) is set to impose a temporary ban on Meta carrying out behavioral advertising on Facebook and Instagram using the personal information of users in the country.
The ban will take effect Aug. 4 and initially run for three months if Meta cannot prove compliance with the relevant requirements of the General Data Protection Regulation (GDPR), the DPA announced Monday. The regulator threatened the company with fines of up to 1 million Norwegian kroner (U.S. $100,000) per day should it not comply with the decision.
The decision does not ban Facebook or Instagram in the country; its purpose is to “ensure that people in Norway can use these services in a secure way and that their rights are safeguarded,” explained Tobias Judin, head of the Norwegian DPA’s international department, in the regulator’s release. Users that have consented to receiving behavioral advertising will still be served as such.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
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Full price one year membership with auto-renewal.
Membership $599
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2024-01-31T14:52:00Z By Neil Hodge
Experts weigh in on Meta’s plans to charge EU users monthly if they do not want to be tracked for online advertising and what the ramifications of the model would mean for the future of the General Data Protection Regulation.
2023-08-31T16:55:00Z By Kyle Brasseur
Sweden’s data protection authority issued a penalty of 35 million Swedish krona (U.S. $3.2 million) against insurance company Trygg-Hansa for alleged security flaws that made customer insurance information accessible on the internet.
2023-05-26T16:21:00Z By Neil Hodge
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.
2024-11-21T20:19:00Z By Oscar Gonzalez
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
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.
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