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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COVID-19 And Data Privacy: Health Vs. Privacy

Opinion: COVID-19 and Data Privacy: Health vs. Privacy

This article was published on March 26, 2020 on Business Law Today, a publication of the American Bar Association, Business Law Section at https://businesslawtoday.org/2020/03/covid-19-data-privacy-health-vs-privacy/. We received permission for Mr. Claypoole to republish for the ADCG community. The Black Death stole people’s identities. Sweeping through Europe and Asia periodically from the 14th to the 18th century, the…
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How Organizations Should Prepare for the New York SHIELD Act

How Organizations Should Get Ready for the New York SHIELD Act In the absence of comprehensive federal data protection privacy standards, states are taking matters into their own hands by passing legislation to protect the private information that companies acquire from individuals. In July, Governor Cuomo of New York signed the SHIELD act (Stop Hacks…
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New York Privacy Act

New York Privacy Act: It Goes Beyond CCPA

The idea that consumers own their private financial information can be traced to an early 1970s California state constitutional amendment adding ‘privacy’ to guarantees of life, liberty, and other inalienable rights. While financial privacy is not explicitly mentioned in this original amendment, California courts have determined that it is included. Only relatively modest consumer protection…
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