Annual Report NOYB 2020
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Next-Gen Technology Transformation in Financial Services
April 2020 Next-gen Technology transformation in Financial Services Introduction Financial Services technology is currently in the midst of a profound transformation, as CIOs and their teams prepare to embrace the next major phase of digital transformation. The challenge they face is significant: in a competitive environment of rising cost pressures, where rapid action and response is imperative, financial institutions must modernize their technology function to support expanded digitization of both the front and back ends of their businesses. Furthermore, the current COVID-19 situation is putting immense pressure on technology capabilities (e.g., remote working, new cyber-security threats) and requires CIOs to anticipate and prepare for the “next normal” (e.g., accelerated shift to digital channels). Most major financial institutions are well aware of the imperative for action and have embarked on the necessary transformation. However, it is early days—based on our experience, most are only at the beginning of their journey. And in addition to the pressures mentioned above, many are facing challenges in terms of funding, complexity, and talent availability. This collection of articles—gathered from our recent publishing on the theme of financial services technology—is intended to serve as a roadmap for executives tasked with ramping up technology innovation, increasing tech productivity, and modernizing their platforms. The articles are organized into three major themes: 1. Reimagine the role of technology to be a business and innovation partner 2. Reinvent technology delivery to drive a step change in productivity and speed 3. Future-proof the foundation by building flexible and secure platforms The pace of change in financial services technology—as with technology more broadly—leaves very little time for leaders to respond. -
Tied up in Knotts? Gps Technology and the Fourth Amendment
TIED UP IN KNOTTS? GPS TECHNOLOGY AND THE FOURTH AMENDMENT * Renée McDonald Hutchins Judicial and scholarly assessment of emerging technology seems poised to drive the Fourth Amendment down one of three paths. The first would simply relegate the amendment to a footnote in history books by limiting its reach to harms that the framers specifically envisioned. A modified version of this first approach would dispense with expansive constitutional notions of privacy and replace them with legislative fixes. A third path offers the amendment continued vitality but requires the U.S. Supreme Court to overhaul its Fourth Amendment analysis. Fortunately, a fourth alternative is available to cabin emerging tech- nologies within the existing doctrinal framework. Analysis of satellite-based tracking illustrates this last approach. The Global Positioning System (GPS) allows law enforcement officials to monitor an individual’s precise movements for weeks or months at a time. GPS technology not only is substantially different than anything the Court has previously considered, but also is a substantial threat to fundamental notions of privacy. By illustrating how, with only minor tweaking, existing Fourth Amendment law can effectively rein in intrusive applications of this one emerging technology, this Article begins to construct an analytical framework that can be applied more broadly to future technological enhancements. This Article begins by reviewing the science and capabilities of GPS- enhanced surveillance. It concludes that satellite-based tracking is a powerful investigative tool that enables authorities to monitor the movements (both indoors and out) of an unlimited number of people for weeks or months at a time. This Article then examines the Court’s historical treatment of techno- logically enhanced surveillance, and shows that the intrusiveness of an emerging technology is critical to its constitutional treatment. -
Making the Cut? | SPECIAL REPORT | Sept
DATA PRIVACY & SECURITY SPECIAL REPORT SEPT. 24, 2020 After EU judges struck down the Privacy Shield data-transfer agreement, what’s next for US tech Making giants, thousands of other companies and regulatory the Cut? regimes around the world? INSIGHT | COMMENTARY | ANALYSIS Editor’s Letter Lewis Crofts MLex Editor-in-Chief We have arranged it in three thematic sections to reflect the multiple moving parts of the topic: 1) the EU court’s decision and immediate effects on Facebook and other companies; 2) the scramble by the US and EU to work out what to do about replacing the binned agreement and making SCCs more robust; and headache. A bombshell. A seismic shift. 3) the concerns and responses by other affected However dramatic you might like your countries around the world — including the UK, A metaphors, there is little doubt that EU Japan and Australia. judges delivered an extraordinarily significant We trust you enjoy reading this report and ruling on July 16. In striking down Privacy Shield, find it a useful guide to a complex, evolving issue. the EU-US data-transfer framework, they instantly The reporting here is a brief example of the threw into doubt the operations of more than insight and predictive analysis that MLex brings 5,000 US companies that relied on it. subscribers to our data privacy and security The ruling — essentially based on the failure service every day. of the mechanism to protect EU citizens’ data The stories included were all published from US government snooping — doesn’t as events unfolded, bringing our subscribers prevent companies transferring data between unrivalled insight into the significance of the EU and other foreign countries under developments and the likely next steps in an issue “standard contractual clauses.” But these can’t that will affect the operations of many thousands protect data in countries, including the US, that of businesses around the world. -
June 10, 2021 President Joseph R. Biden the White House 1600
June 10, 2021 President Joseph R. Biden The White House 1600 Pennsylvania Ave. NW Washington, DC 20500 Dear Mr. President: We, the undersigned civil rights, civil liberties, privacy, government accountability, and consumer rights organizations, urge your Administration to ensure that any new transatlantic data transfer deal is coupled with the enactment of U.S. laws that reform government surveillance practices and provide comprehensive privacy protections. The United States’ failure to ensure meaningful privacy protections for personal data is the reason that a growing number of countries are concerned about trans-border data flows. Until the United States addresses this problem, concerns about data transfers to the United States will remain, and data flow agreements are likely to be invalidated. Recent history demonstrates that any transatlantic data transfer agreement will be subject to litigation to determine whether it provides adequate protection for personal data. In 2015, the Court of Justice of the European Union invalidated the U.S.-EU Safe Harbor agreement. And in July 2020, the successor agreement, Privacy Shield, was also invalidated by the same court. Without reform of U.S. surveillance and privacy laws, any new transatlantic data transfer deal will likely face a similar fate. The only way to fully address these issues and enter into a lasting transatlantic agreement is to harmonize data protection standards between the European Union and the United States. There have been calls for the United States to strengthen and modernize its privacy laws since long before the European Union’s General Data Protection Regulation came into effect in 2018. The modern concept of the right to privacy was invented in the United States – but now we lag behind many other nations on privacy protections. -
Survey on Privacy Preserving in Social Networks
International Journal of Science and Research (IJSR) ISSN (Online): 2319-7064 Index Copernicus Value (2015): 78.96 | Impact Factor (2015): 6.391 Survey on Privacy Preserving in Social Networks S. Mayil1, Dr. M. Vanitha2 1Research scholar, PG & Research Department of Computer Science, JJ College of Arts and Science (Autonomous), Pudukkottai, Tamil Nadu, India 2Assistant Professor, Ph.D. and Research Department of Computer Application, Alagappa University, Karaikudi , Tamilnadu. Abstract: The development of online social networks and the release of data network resulting in the risk of leakage of personal confidential information. This requires privacy protection before the data network is published by the service provider. Data privacy online social networks are important in recent years. Therefore, this research is still in its infancy. This article describes the generalization techniques of anonymous social networking data with sufficient privacy for harsh environments while preserving the validity of the data. The loss metric information, iloss, is used to check the information due to the loss of the generalized amount. While these networks make frequent data sharing and intercommunication between users can instantly and privacy problems that may arise are very explicable with their obvious immediate consequences. Although the concept of privacy can take different forms, the ultimate challenge is how to prevent the invasion of privacy when personal information is available. Basic social networks, co-statements, and their associated primary motivations. The following describes how to protect privacy, relying on technical analysis and link social networks to disclose sensitive user information. Keywords: Data Privacy, Data Publishing, Privacy Preserving, Social Network, Service Provider. 1. Introduction data may affect the privacy of individuals. -
Summary of U.S. Foreign Intelligence Surveillance Law, Practice, Remedies, and Oversight
___________________________ SUMMARY OF U.S. FOREIGN INTELLIGENCE SURVEILLANCE LAW, PRACTICE, REMEDIES, AND OVERSIGHT ASHLEY GORSKI AMERICAN CIVIL LIBERTIES UNION FOUNDATION AUGUST 30, 2018 _________________________________ TABLE OF CONTENTS QUALIFICATIONS AS AN EXPERT ............................................................................................. iii INTRODUCTION ......................................................................................................................... 1 I. U.S. Surveillance Law and Practice ................................................................................... 2 A. Legal Framework ......................................................................................................... 3 1. Presidential Power to Conduct Foreign Intelligence Surveillance ....................... 3 2. The Expansion of U.S. Government Surveillance .................................................. 4 B. The Foreign Intelligence Surveillance Act of 1978 ..................................................... 5 1. Traditional FISA: Individual Orders ..................................................................... 6 2. Bulk Searches Under Traditional FISA ................................................................. 7 C. Section 702 of the Foreign Intelligence Surveillance Act ........................................... 8 D. How The U.S. Government Uses Section 702 in Practice ......................................... 12 1. Data Collection: PRISM and Upstream Surveillance ........................................ -
CJEU Ruling on Facebook Action on January 25, 2018: Class Action, Model Case Or No Jurisdiction?
CJEU ruling on Facebook action on January 25, 2018: Class action, model case or no jurisdiction? In August 2014, lawyer and data protection expert Max Schrems filed a lawsuit against Facebook with his competent court in Vienna, as previous complaints in Ireland have not been decided by the Irish Data Protection Commissioner since 2011. Now the CJEU decides on the admissibility of the lawsuit against Facebook. Previously, in 2015 Schrems brought down the EU-US “Safe Harbor” system through a case against Facebook at the CJEU. Dispute solely on jurisdiction and on two questions Facebook has submitted various grounds with the court in Vienna, why the procedure should not be heard at all. The majority of these attempts to prevent the procedure have already been rejected by the Austria courts over the past three years. What remained, were two questions: (1) whether Mr Schrems is a "consumer" or has lost this status through his pro bono work as a privacy advocate; and (2) whether he can bring claims of other users jointly in a "class action". The class action is financed by ROLAND Prozessfinanz AG. Facebook wants each of the 25,000 other users to have to sue in a separate procedure - which would make the legal costs skyrocket and a case against Facebook financially impossible for most users. In Facebook’s view, the same legal and factual issues should therefore be trailed 25,000 times in front of thousands of European courts and judges (“divide and conquer”). These two questions were submitted to the Court of Justice of the European Union (CJEU) for a preliminary ruling by the Austrian Supreme Court. -
CJEU Gives Green Light for Facebook Lawsuit in Vienna
This is version 2 of this first statement. Get the latest version of this update here. 25.1.2018 CJEU gives Green Light for Facebook Lawsuit in Vienna The Court of Justice of the European Union (CJEU) confirms that Max Schrems can litigate in Vienna against Facebook for violation of EU privacy rules. Facebook’s attempt to block the privacy lawsuit was not successful. However, today the CJEU gave a very narrowly definition of the notion of a “consumer” which deprives many consumer from consumer protection and also makes an Austrian-style “class action” impossible. Max Schrems: „For three years Facebook has been fighting nail and toe against the Courts jurisdiction in Austria and lost. Now, we can finally go ahead with the case. Facebook will now have to explain to a neutral Court whether its business model is in line with stringent European privacy laws. This is a huge blow for them. Unfortunately the Court of Justice has not taken up the golden opportunity to finally establish collective redress options in Europe, but kicked the ball back to the legislator.“ Short Summary: In the “Facebook-Lawsuit” (C-498/16, FBclaim.com) the CJEU has decided on national jurisdiction in consumer matters. Vienna Courts have jurisdiction to hear Schrems v. Facebook Case “Model Case” on Facebook’s misuse of personal data is admissible in Vienna, according to CJEU. For the first time a broad review of Facebook’s compliance with EU data protection laws will be possible (e.g. illegal privacy policies, online tracking, sharing of data with US authorities and alike). -
Facebook: Where Privacy Concerns and Social Needs Collide
Edith Cowan University Research Online Theses: Doctorates and Masters Theses 2020 Facebook: Where privacy concerns and social needs collide Sonya Scherini Edith Cowan University Follow this and additional works at: https://ro.ecu.edu.au/theses Part of the Communication Technology and New Media Commons, Mass Communication Commons, and the Social Media Commons Recommended Citation Scherini, S. (2020). Facebook: Where privacy concerns and social needs collide. https://ro.ecu.edu.au/ theses/2331 This Thesis is posted at Research Online. https://ro.ecu.edu.au/theses/2331 Edith Cowan University Copyright Warning You may print or download ONE copy of this document for the purpose of your own research or study. The University does not authorize you to copy, communicate or otherwise make available electronically to any other person any copyright material contained on this site. You are reminded of the following: Copyright owners are entitled to take legal action against persons who infringe their copyright. A reproduction of material that is protected by copyright may be a copyright infringement. Where the reproduction of such material is done without attribution of authorship, with false attribution of authorship or the authorship is treated in a derogatory manner, this may be a breach of the author’s moral rights contained in Part IX of the Copyright Act 1968 (Cth). Courts have the power to impose a wide range of civil and criminal sanctions for infringement of copyright, infringement of moral rights and other offences under the Copyright Act 1968 (Cth). Higher penalties may apply, and higher damages may be awarded, for offences and infringements involving the conversion of material into digital or electronic form. -
A Collaborative Framework: for Privacy Protection in Online Social Networks
A Collaborative Framework: for Privacy Protection in Online Social Networks 4 4 Yan Zhu1,2, Zexing Hu1, Huaixi Wang3, Hongxin Hu , Gail-Joon Ahn 1 Institute of Computer Science and Technology, Peking University, Beijing 100871, China 2Key Laboratory of Network and Software Security Assurance (Peking University), Ministry of Education, China 3School of Mathematical Sciences, Peking University, Beijing 100871, China, 4Laboratory of Security Engineering for Future Computing (SEFCOM), Arizona State University, Tempe, AZ 85287, USA Email: {yan.zhu.huzx.wanghx}@pku.edu.cn. {hxhu,gahn }@asu.edu Abstract-With the wide use of online social networks (OSNs) , Although some new techniques were introduced in these the problem of data privacy has attracted much attention. solutions, it is still necessary for a centralized server to Several approaches have been proposed to address this issue. enforce access control, which cannot protect the privacy of One of privacy management approaches for OSN leverages a key users against the centralized server. Also, some solutions management technique to enable a user to simply post encrypted contents so that only users who can satisfy the associate security implemented access control at client-side but their approach policy can derive the key to access the data. However, the key should be synchronous, requiring multiple users to be online management policies of existing schemes may grant access to simultaneously. unaurhorized users and cannot efficiently determine authorized One of efficient ways for enforcing access control in OSN users. In this paper, we propose a collaborative framework is to allow users to put the encrypted data on the server and which enforces access control for OSN through an innovative key management focused on communities. -
Bill Analysis and Fiscal Impact Statement
The Florida Senate BILL ANALYSIS AND FISCAL IMPACT STATEMENT (This document is based on the provisions contained in the legislation as of the latest date listed below.) Prepared By: The Professional Staff of the Committee on Judiciary BILL: SB 144 INTRODUCER: Senators Brandes and Rodrigues SUBJECT: Searches of Cellular Phones and Other Electronic Devices DATE: March 1, 2021 REVISED: ANALYST STAFF DIRECTOR REFERENCE ACTION 1. Cellon Jones CJ Favorable 2. Bond Cibula JU Pre-meeting 3. RC I. Summary: SB 144 amends chs. 933 and 934, F.S., relating to search warrants and the security of communications, to address privacy issues related to the use of communication technology and the contents of stored electronic communications. The bill amends ch. 933, F.S., by: Codifying the state constitutional provision that extends the security against unreasonable searches or seizures to the interception of private communications by any means; and Expanding the grounds for issuance of a search warrant to include that the content within certain communication devices constitutes evidence relevant to proving a felony. The bill amends ch. 934, F.S., by: Providing legislative intent; Defining the terms “historical location data,” “microphone-enabled household device,” “mobile tracking device,” “real-time location tracking,” and “portable electronic communication device”; Amending the definition of oral communication to include the use of a microphone-enabled household device; Amending the definition of electronic communication, adding the terms “communication -
Mr. Bruno Gencarelli Head of Unit for International Data Flows and Protection European Commission [email protected]
Mr. Bruno Gencarelli Head of Unit for International Data Flows and Protection European Commission [email protected] 26 July 2019 Re: Access Now Responds to Privacy Shield Review Questionnaire - Third review Dear Mr. Gencarelli, Thank you for your invitation to provide information and observations on the European Commission’s third annual review of the EU-U.S. Privacy Shield arrangement, the mechanism to facilitate the transfer and processing of the personal data of individuals from the European Union to and within the United States. Access Now is an international organisation that defends and extends the digital rights of users at risk around the world.1 By combining innovative policy, user engagement, and direct technical support, we fight for open and secure communications for all. Access Now maintains a presence in 13 locations around the world, including in the policy centers of Washington, DC and Brussels.2 Access Now regularly analyzes data transfer arrangements under EU law, including the Safe Harbor arrangement that was invalidated by the Court of Justice of the European Union in 2015, and the Privacy Shield which replaced it.3 Users benefit from a free, open, and secure internet that is enabled by legal certainty for stakeholders to operate. Robust data transfer frameworks which ensure a high level of data protection in the free flow of data are key to deliver these benefits for all actors. The Privacy Shield continues to be inadequate to protect fundamental rights. Since negotiations began in 2016, Access Now has provided detailed analysis and recommendations to the EU Commission on how to improve the Privacy Shield.