A Spotlight on Security | 30th May, '23
During busy work weeks, Spotlight on Security aims to keep professionals updated on all things cybersecurity. This newsletter features key industry topics, trends, and more.
Hi there!
In today’s newsletter issue, you will find:
Tresorit Insights ??
I. Privacy at the Crossroads: EU Court Curbs Personal Data Transfers to U.S
The article highlights a significant decision made by the European Union's top court, which imposes restrictions on the transfer of personal data to the United States.
The court expressed concerns about U.S. surveillance practices, citing potential violations of European citizens' privacy rights.
The ruling is based on the belief that U.S. laws do not provide adequate protection against surveillance activities by public authorities. This decision has far-reaching implications for companies relying on transatlantic data transfers, as they must now find alternative methods to ensure data protection and comply with EU regulations.
It underscores the importance of strong data protection measures and raises questions about the level of trust in cross-border data flows.
Read the article here:
II. Data Dilemma: Meta Slapped with Record-Breaking Fine for Privacy Breaches and Unfair Competition
The article of ZDNet reports that Meta, formerly known as Facebook, has been fined a record-breaking €1.3 billion by the European Union (EU) for its mishandling of user data. The EU's antitrust regulators found that Meta violated the bloc's competition rules by abusing its dominant market position in social media and exploiting user data without sufficient consent or transparency.
The investigation revealed that Meta's practices, such as tracking users across websites without their explicit consent and using their data to gain an unfair competitive advantage, infringed on users' privacy rights and undermined fair competition. The fine imposed by the EU is the largest ever in an antitrust case, reflecting the severity of the violations.
Meta has acknowledged the decision and announced its intention to appeal the fine, expressing its belief that it has followed all applicable laws and that the penalties imposed by the EU are disproportionate. The appeal process will involve a thorough review of the case by higher courts, and the final outcome remains to be seen.
Overall, the article highlights the significant penalty imposed on Meta by the EU for its data handling practices and emphasizes the ongoing battle to safeguard user privacy and ensure fair competition in the digital realm.
Read the article here:
Industry News ??
Cybersecurity and Encryption News
领英推荐
In response to an EU proposal to scan private messages for illegal material, the country's officials said it is “imperative that we have access to the data.”
Data Protection and Regulation
Two-thirds (66%) of IT leaders believe GDPR has made consumers less trusting of organizations, according to new research by Macro 4.
Word of the Fortnight???
D for Data Transfer
Events and Webinars ??
I. Tresorit to attend the Infosecurity Europe Conference in London
Join Tresorit at Infosecurity Europe's 2023 expo in London from June 20-22.
Visit us at our booth AA30 to explore our encrypted workspace, designed to address the latest cybersecurity challenges.
Discover our platform:
Let's work together to create a safer digital world.
Book a meeting here:
Meme of the Fortnight???
Have a great week, and thank you for reading?A Spotlight on Security.
About us
Tresorit ?is a Swiss-Hungarian, end-to-end encrypted, zero-knowledge content collaboration platform designed to safeguard the digital valuables of individuals and organizations with the highest classification in the cloud.