Insights on outsourcing and other lessons from a data breach – the UK FCA perspective

On 13 October 2023, the UK FCA published its Final Notice to Equifax Ltd, the UK subsidiary of US company Equifax Inc, in relation to a major 2017 data breach which affected over 13.7 million UK consumers. The FCA determined that Equifax Ltd had breached Principles 3, 6 and 7 of its Principles  and imposed a fine of over £11m. The firm agreed to resolve the matter and so qualified for a 30% discount for early settlement. The FCA's Final Notice helps to explain the rationale behind the UK regulatory authorities developing and enhancing the operational resilience regime in 2019. It also highlights some particular pitfalls in managing intra-group outsourcings effectively. Read more

A cautious approach: What does the EU-US adequacy decision actually mean for international data transfers?

On 10 July 2023, the European Commission adopted its long-awaited adequacy decision for the EU-US Data Privacy Framework (“DPF“) finding that data transfers from Europe to the US pursuant to the DPF would benefit from an adequate level of data protection. The adoption of the adequacy decision provides some much-needed certainty around EU-US international data … Read more

Talking Shop: A consumer sector podcast series – EP7: AI booms – whilst regulation looms

AI booms – whilst regulation looms Peggy Chow, Kaman Tsoi, Duc Tran and Claire Wiseman join Aoife Xuereb to discuss the increasing use of AI in consumer sector digital marketing strategies. Analysing customer data to personalise content and target advertising according to purchasing behaviour and demographic information has become commonplace, along with the use of tools such as chatbots to automate customer … Read more

May Data Wrap: A snapshot of key regulatory developments

On 22 May 2023, following the adoption of a binding decision by the EDPB, the Irish Data Protection Commissioner (“DPC“) concluded its own-volition inquiry against Meta regarding the legality of international data transfers from Meta Ireland to the US. The DPC concluded that such transfers infringed the GDPR and directed Meta to suspend its transfers … Read more

FOLLOWING META, WHAT NEXT FOR INTERNATIONAL DATA TRANSFERS?

On 22 May 2023, following the adoption of a binding decision by the European Data Protection Board (the “EDPB“), the Irish Data Protection Commissioner (“DPC“) concluded its own-volition inquiry against Meta regarding the legality of international data transfers from Meta Ireland to the US. The DPC concluded that such transfers infringed the GDPR and directed … Read more

TikTok’s misuse of children’s data results in £12.7 million ICO fine

The UK’s Information Commissioner’s Office (“ICO“) has fined Tik Tok Information Technologies UK Limited and TikTok Inc (“TikTok“) £12.7 million for breaching the UK GDPR, in particular for failing to protect children’s privacy. The ICO had previously issued a notice of intent to fine TikTok £27 million for various data protection law breaches between May … Read more

Transfer Impact Assessments – divergence between EDPB and ICO approaches

Now that the deadlines have passed for implementing: EU Standard Contractual Clauses (“EU SCCs”) into all new and existing contractual arrangements involving restricted transfers of data under the EU GDPR; and the UK equivalent to the EU SCCs (the UK specific International Data Transfer Agreement (“IDTA“) or the EU SCCs in combination with the UK … Read more