Why Data Trusts Are a Win-Win for Companies and Consumers

Data is imperative to many crucial business processes, like marketing, product development, fraud protection, and AI. But complying with proliferating and conflicting data privacy regulations is far from easy. And asking consumers to be responsible for making decisions about their own data privacy isn’t a solid solution.  One AI expert has proposed a solution: data…
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Explaining the DOJ’s Enforcement Guidance for Cryptocurrency

While the cryptocurrency craze is far from new, there are many unanswered questions about how the industry should be regulated. To fill the gaps, the Department of Justice released a publication offering guidance for handling issues created by cryptocurrency. The framework examines what can be done to make sure crypto doesn’t threaten public safety or…
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Dubai

Dubai’s New Privacy Law Takes Effect Next Month

By October 2020, businesses will need to adjust their privacy practices to comply with a new law. This time, it comes from Dubai. The law, known as DPL 2020, does not call for dramatic adjustment from organizations already complying with GDPR, although there are some changes. Here’s everything you need to know before the law…
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OCC And Capitol One

OCC Fines Capital One: Key Takeaways

Last year, Capital One experienced one of the largest-ever data breaches of a bank, when a hacker–Paige Thompson–got her hands on the personal information of over 106 million customers and applicants via a misconfigured AWS server. Now, the Office of the Comptroller of the Currency (OCC) has hit the bank with a whopping $80 million…
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Federated Learning

What is Federated Learning? And How Can Differential Privacy Make it Better?

Machine learning is a constantly growing technology. But some recent developments are particularly noteworthy for business leaders because they are paving the way for fairer, safer, more private, and more affordable machine learning algorithms.  In 2017, Google announced that machine learning models trained with user interaction from mobile devices would adopt federated learning while, in…
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