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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2022-09-26T15:55:00
The U.K.’s data privacy regulator warned social media platform TikTok it could be fined 27 million pounds (U.S. $29 million) for failing to protect children’s data.
An investigation opened by the Information Commissioner’s Office (ICO) in 2019 found the company might have breached the U.K.’s version of the General Data Protection Regulation (GDPR) regarding privacy protections for children using TikTok between May 2018 and July 2020, the regulator announced Monday.
The ICO issued TikTok’s U.K. subsidiary and parent company with a “notice of intent,” a provisional warning informing them it believes the platform might have processed the data of children under the age of 13 without appropriate parental consent and failed to provide users with concise, transparent information that could be easily understood.
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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.
2023-04-04T20:12:00Z By Adrianne Appel
Social media platform TikTok was fined £12.7 million (U.S. $15.9 million) by the U.K. Information Commissioner’s Office for using the personal data of children without parental consent and other violations of data protection mandates.
2023-03-22T16:55:00Z By Kyle Brasseur
The fate of popular social media app TikTok in the United States could hinge on the testimony of CEO Shou Zi Chew before the House Committee on Energy and Commerce.
2023-02-16T21:00:00Z By Neil Hodge
Italy’s data protection authority banned U.S.-based AI chatbot creator Replika from processing the personal data of Italian users because of risks the service posed to minors and vulnerable people—the latest example of a tech company’s product running afoul of the GDPR.
2024-12-20T17:39:00Z By Aaron Nicodemus
USAA Federal Savings Bank has been hit with its third cease and desist order from the Treasury Department’s Office of the Comptroller of the Currency in the past five years for failing to correct unsafe and unsound banking practices.
2024-12-18T18:08:00Z By Adrianne Appel
Becton Dickinson medical device company will pay $175 million for “repeatedly” misleading investors about its Alaris infusion pump, a product the company knew was flawed and was sold without the required patient-safety approvals, the Securities and Exchange Commission said.
2024-12-17T20:57:00Z By Adrianne Appel
The Securities and Exchange Commission charged bankrupt fashion retailer Express with failing to disclose nearly $1 million in perks to a former chief executive, but did not levy a financial penalty thanks to its cooperation, the SEC said.
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