Ahead of the 20 February vote in the TRAN Committee on the draft report on a European strategy on Cooperative Intelligent Transport Systems access to vehicle data, Laurianne Krid takes a look at the issues facing motorists with regard to the automotive digital economy.
If the City of London’s financial district became famous for being the UK’s cash cow, the country's tech sector has become similarly valuable. Digital and tech accounts for 14.5% of all UK service exports, some £30bn in 2016. It is also one of the most vulnerable to a ‘hard Brexit’.
A German consumer rights group said on Monday (12 February) that a court had found Facebook's use of personal data to be illegal because the US social media platform did not adequately secure the informed consent of its users.
The European Commission has suggested that law enforcement authorities could soon have restricted access to the WHOIS database that identifies website owners because the system is on a collision course with the EU’s strict new data protection law.
Europe’s powerful data protection regulators are banding together to coordinate how they investigate and sanction misbehaving companies before a major overhaul of the bloc’s privacy law takes effect in May.
All EU countries except Germany and Austria are unprepared for a major overhaul of the bloc’s privacy rules that will go into effect in May. The European Commission is amping up pressure on the 26 member states that are lagging behind.
EU lawmakers should create a new, centralised data protection authority to oversee investigations of privacy breaches that affect more than member state in the bloc, Giovanni Buttarelli, the EU’s top privacy watchdog, said in an interview.
The brave new world of data presents many challenges for the financial services industry and regulators alike. But if the right approach to regulating technological change is taken, Europe will continue to be a globally leading centre in the future, writes James Kemp.