Zaviant

Why did #Texas use their Unfair & Deceptive Acts and Practices Legislation #DTPA and not the new Texas Comprehensive Privacy Law #TDPSA in their latest lawsuit against GM for allegedly violating consumers privacy rights? Read to see my thoughts and checkout the Zaviant page for other articles about #DataPrivacy #Security #AI & #TPRM.

Zaviant’s top weekly news roundup is back with the latest in #DataPrivacy and security. First, Illinois lawmakers amended the state’s Biometric Information Privacy Act to relax liability for companies collecting biometric data from customers without permission. Now, companies will only be liable for a single violation per person rather than for each instance data is collected. Next, the Department of Homeland Security says it is prototyping a ‘different’ way to protect data, dubbed "data autonomy". With this new method, officials say owners could place certain access controls on data, such as expiration dates for self-deletion. Finally, according to a survey by Arcserve, nearly half of all U.S. businesses have suffered significant revenue losses due to a data security incident, and 4 out of 5 businesses have been hit by ransomware.

Adam Stone, Zaviant's AI Governance Lead, spoke to PYMNTS about the impact that MIT’s AI Risk Database may have on the future of #AI regulation. Read the full article below:

Looking forward to co-hosting the Colorado Privacy Summit with Zaviant next month, with panels focusing on #ai and #privacy substantive policy, practical advice, and where we are heading in coming years. And a special thanks to sponsors Consilio LLC, Exterro, Osano, and PNG Cyber, LLC!

Happy Monday! Catch up on the latest in #DataPrivacy and security with Zaviant’s top weekly news roundup: First, the Texas attorney general has sued General Motors over allegations that it illegally collected and sold the data of nearly 2 million people to insurance companies without their consent. Next, a notorious hacking group may have stolen the Social Security numbers (along with other personal data) of every single American and released them online. Experts say this could spark a wave of identity theft and fraud. Finally, Iranian hackers accused of hacking Donald Trump’s presidential campaign reportedly also targeted Joe Biden and Kamala Harris’s campaign. Google says these individuals may be connected to the Iranian military.

Please join attorneys from Ballard Spahr’s Privacy and Data Security team and Zaviant Consulting on Sept. 26 for the annual Colorado Privacy Summit. Colorado Attorney General Phil Weiser will be among the privacy and cybersecurity thought leaders and decision-makers who will discuss trends and changes in privacy and related laws, regulations, and enforcement. Colorado CLE and IAPP CPE credits are pending. Register today: https://bit.ly/3XawVWE #BallardBusinessandTransactions #Privacy #DataSecurity

📈 Globally, the average total cost of a data breach hit a record $4.88 million this year – a 10% increase from last year according to a new report from IBM. 🔒 The same report, however, also found that organizations that used #AI in their security measures saved an average of $2.2 million when a breach occurred. 💼 Additionally, more than half of breached organizations are facing security staffing shortages this year. Is your organization leveraging AI to augment staffing shortages or help reduce the risk of financial fallout from a data breach?

Zaviant’s top 3 weekly news roundup is back to keep you informed on the latest in #DataPrivacy and security. First up, a new law in Ohio will take effect this fall requiring schools with third-party contractors to retain the sole rights to their students’ records. More data privacy legislation continues to come online at the state level, with a dozen laws set to take effect in the next two years. Second, a #CyberAttack on a background check company exposed the personal data of nearly 3 billion people – one of the largest data breaches ever. Many victims may not realize their data was stolen. Finally, an annual study from Critical Start found that the vast majority of cybersecurity professionals (86%) are most concerned with unknown cyber risks, up 17% from last year. This could indicate a need for more proactive cyber risk management practices.