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Data Protection in Chicago: A Shift in Perspective?

Wikipedia defines privacy as “the ability of an individual or group to seclude themselves, or information about themselves, and thereby express themselves selectively. The boundaries and content of what is considered private differ among cultures and individuals, but share common themes.” Said simply, privacy means different things to different people. 

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Is Colorado Changing the Landscape of Data Breach Laws?

In the wake of massive breaches, the Cambridge Analytica scandal and the General Data Protection Regulation (GDPR) going into effect, all 50 states now have data breach laws in place.  However, Colorado just passed the “Protections for Consumer Data Privacy,” which now sets the bar as the most stringent requirements in the U.S.  This law substantially tightens reporting requirements for organizations hit by a data breach and requires much firmer measures be taken to protect consumers’ personal information.  

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How will the GDPR impact international investigations? 

The GDPR updates the EU’s 1995 framework data privacy law—which is outdated due to the technological advances that have occurred since the mid-1990s. The European Commission proposed the GDPR in 2012, to modernize the law and create greater harmonization across the EU. However, the current law is implemented in 20 different ways across the union which makes it challenging for multinational companies to comply. Due to the law’s very broad territorial reach, it applies to companies both in the EU and outside of the EU that collect and process personal data in connection with an EU establishment. 

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Blockchain Provides Opportunity for Financial Services Companies

The global financial system is a network that efficiently moves trillions of dollars among billions of people every day, but it’s constantly threatened by fraud and crime.

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