The Securities and Exchange Commission has charged three former brokerage executives for failing to protect confidential information about their customers. The SEC’s investigation found that while Tampa-based GunnAllen Financial Inc. was winding down its business operations last year, former president Frederick O. Kraus and former national sales manager David C. Levine violated customer privacy rules…
Category: Featured News
UK: No prosecution will be brought against Phorm and BT for breaching privacy laws
The crown prosecution service (CPS) has said there is not enough evidence to bring a case against a software company accused of breaching data protection laws. Phorm provoked controversy when it trialled a targeted-ad system through internet service provider BT. The trial, which took place in 2006, was conducted without the knowledge or permission of…
U.S. Educ. Dept. Proposes New Student Data Privacy Rules
Sarah D. Sparks reports: In its effort to clarify student data privacy rules for researchers and education officials alike, the U.S. Department of Education proposed several changes to the Family Educational Rights and Privacy Act, or FERPA, on Thursday and named its first chief privacy officer. “Data should only be shared with the right people…
Justice Department opposes digital privacy reforms
Declan McCullagh reports: The U.S. Justice Department today offered what amounts to a frontal attack on proposals to amend federal law to better protect Americans’ privacy. James Baker, the associate deputy attorney general, warned that rewriting a 1986 privacy law to grant cloud computing users more privacy protections and to require court approval before tracking…