Data Privacy

How Will Insurance Agency Software Market Grow by 2033?
Regulatory & Compliance How Will Insurance Agency Software Market Grow by 2033?

The global insurance agency software market is on an impressive growth trajectory. Valued at USD 3 billion in 2023, it is projected to nearly double, reaching USD 5.90 billion by 2033. The driving forces behind this expansion include increased demand for insurance policies, stringent regulatory

September 10, 2024
Are Multinational Companies Ignoring GDPR at Their Own Peril?
Regulatory & Compliance Are Multinational Companies Ignoring GDPR at Their Own Peril?

The recent significant fine imposed on Uber Technologies, Inc. by the Dutch Data Protection Authority (DPA) highlights the severe consequences for multinational companies that neglect the European Union's strict data privacy regulations. On August 26, 2024, Uber was penalized €290 million (

August 28, 2024
Growing Legal Risks for Businesses in Biometric Data Privacy
Regulatory & Compliance Growing Legal Risks for Businesses in Biometric Data Privacy

The scrutiny and regulation surrounding the privacy of biometric data are intensifying. High-profile lawsuits and significant legal settlements are alerting businesses to the legal and financial risks they face if they fail to comply with biometric data privacy laws. This article examines these

August 27, 2024
Is GM Violating Driver Privacy by Selling Data Without Consent?
Regulatory & Compliance Is GM Violating Driver Privacy by Selling Data Without Consent?

In a move that has sent waves through the automotive industry, the Texas Attorney General has filed a consumer privacy lawsuit against General Motors, alleging that the company has been collecting and selling detailed driver data without explicit customer consent. The data in question includes

August 26, 2024
Is GM Violating Consumer Privacy by Selling Driver Data to Insurers?
Regulatory & Compliance Is GM Violating Consumer Privacy by Selling Driver Data to Insurers?

The disclosure that General Motors (GM) has been collecting and selling driver data to insurance companies has sparked significant concern over consumer privacy. From 2015 onwards, GM's practice of data sharing without explicit customer consent has led to a lawsuit by Texas Attorney General

August 21, 2024
How Does Zurich Ensure Data Privacy and Protection Globally?
Regulatory & Compliance How Does Zurich Ensure Data Privacy and Protection Globally?

Zurich Insurance Group's dedication to data privacy and protection is encapsulated within its extensive code of conduct, positioning the company as a leader in safeguarding personal information. These policies demonstrate Zurich’s unwavering commitment to integrity and proactive measures to m

July 16, 2024
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