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EC plans a system of free exchange of health data within the EU

The European Commission (EC) has announced plans to create a system that will allow EU citizens to access their patient records and share health data. The initiative derives from the EU General Data Protection Regulation (GDPR) that recognizes EU citizens' right to access and share health data.  The EC aims to ensure EU citizens secure access to a comprehensive electronic record of health data valid for the entire EU territory and fully respecting the new Regulation.

The European Commission’s communication is available here
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Global GDPR readiness far from being achieved

According to a new KPMG and Legal 500 survey, there is poor GDPR compliance at international level. 448 institutions were surveyed, out of which only 46% responded that they are compliant with the GDPR. Considering that the GDPR enters into force in one month, most of these organisations risk to face high fines and legal actions. The survey also revealed that third-party vendor agreements are among the main concerns.  It is well known that also those parties have to be compliant with the GDPR in order to receive data from companies handling data of EU citizens.  Instead it appears that the majority of third-party vendors are not progressing in achieving full compliance with the GDPR.

Find the survey here
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Yahoo fined million over 2014 data breach

The Company Altaba Inc., formerly known as Yahoo! Inc., has been fined million for not disclosing a large breach that it suffered in 2014. According to a statement by the US Securities and Exchange Commission (SEC), the company's security team discovered the breach within days after it happened but did not reveal it for more than two years.

The US SEC statement is available here
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Jural Acuity Barristers & Consultants from Dhaka, Bangladesh becomes the 39th member of the PrivacyRules alliance. Jural Acuity consists of experienced lawyers and consultants, specializing in the business and commercial sectors, who provide one stop

Jural Acuity Barristers & Consultants from Dhaka, Bangladesh becomes the 39th member of the PrivacyRules alliance. Jural Acuity consists of experienced lawyers and consultants, specializing in the business and commercial sectors, who provide one stop solutions to clients. The firm’s experts have extensive experience in counselling and advocating for clients in the telecommunications and broadcasting sector, ranging from mergers and acquisitions to general regulatory advice, data protection, licensing and compliance.

Visit Jural Acuity Barristers & Consultants website here
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Data protection is not just about internal cybersecurity measures

According to a report published by KPMG and UK Finance, financial services continue to be damaged by cyber criminals in spite of high expenditures on cybersecurity, estimated as three times higher than for other sectors. The report concludes that internal security measures are generally insufficient to provide security. In order to fight cybercrime efficiently, cooperation between industries, governments and law enforcement authorities should be improved. The report suggests that one of the main problems companies face is complying with highly regulated cybersecurity processes and legal requirements that impede rapid implementation of IT defense instruments in incidents of cyber-attack and data breach.

The report is available here