We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Learn more here.Close Me
The data explosion is well and truly with us. Globally, more
data has been produced in the last five years than was ever created
before. The implications of this explosion are significant:
businesses not only face challenges in relation to data overload,
leakage and access by governments and competitors but also in
relation to access and use of data which is freely
available. Put simply, businesses must get to grips
with data issues or else face losing out in the market.
The Government's recent publication of its "Open Data" White Paper has pushed
data issues further up the political agenda. The proposals
reflect the Government's commitment to data transparency, and
its aim to boost efficiency, improve accountability and aid
economic growth by making public sector information more widely
accessible. Francis Maude, Minister for the Cabinet Office,
stated objective is to create "an information marketplace for entrepreneurs and
businesses".
It is vital that businesses embrace the data explosion in order
to best make use of it. They will need to be smart otherwise
they may lose out to competitors who are more data savvy.
Hand-in-hand with access to open public data, businesses will need
to think about who can and should access their own private data,
and what security safeguards they currently have in place.
With data issues receiving such attention, we are hosting a
high profile panel debate at our London office on 11 July 2012,
during which the panel will discuss the key findings of our recent
report,
Secure Your Data – Protect Your Business. The
report suggests that while data (and "open data") can
offer many advantages, businesses often fail to address the
numerous security risks posed by its use and storage.
The panel will also consider the tighter regulation of data. The
Information Commissioner can impose fines of up to £500,000
for data protection breaches and the proposed new EU Data Protection Regulation, if passed in its
current format, could extend that to 2% of turnover for the most
flagrant data breaches.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
A US district court in New York has recently ruled that ReDigi, the operator of an online marketplace for pre-owned music downloads, is liable for copyright infringement.
In a decision earlier this month, a US district court in New York has ruled that ReDigi, the operator of an online marketplace for pre-owned music downloads, is liable for copyright infringement.
A number of publications including the Financial Times, have described how US lobbyists, many working for large technology companies such as Facebook and Google, have been seeking to curb the territorial extent of the proposed EU data protection reforms.
The European Data Protection Supervisor (EDPS) is an independent supervisory authority appointed by a joint decision of the European Parliament and the Council for a term of five years.
The Commons Justice Select Committee's recent report on the work of the Information Commissioner's Office (ICO) is a mixed bag when it comes to assessing the performance and future of the ICO.
Further to our article in last month’s newsletter on the EU data protection reforms, the ICO has published an indicative timeline setting out significant milestones in the reform process.
The English Court of Appeal has recently confirmed the commercial and legal importance of database rights and, in particular, their relevance to the sports industry.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
