In a significant regulatory action, South Korea's Personal Information Protection Commission (PIPC) has imposed fines amounting to 1.1 billion Korean won (approximately $830,000) on Worldcoin and its parent company, Tools For Humanity (TFH). The penalties were levied for mishandling biometric
Vietnam's latest draft of the Personal Data Protection Law (PDPL) signifies a pivotal step in the country’s approach to data privacy. Released by the Ministry of Public Security on September 24, 2024, the draft PDPL introduces stringent regulations aimed at safeguarding personal data, with e
The European Union has officially published Commission Delegated Regulation (EU) 2024/2104, which serves as an important supplement to Regulation (EU) 2017/625 concerning official controls in the agri-food chain. This new regulation, aimed at clarifying instances and conditions under which
As digital landscapes evolve, the consent management market has emerged as a vital component in ensuring privacy and regulatory compliance. Projections forecast this market's valuation to soar from $917.2 million in 2024 to an impressive $2,550.8 million by 2034, driven by an annual growth
In the ever-changing landscape of modern business, compliance has traditionally been viewed as a necessary administrative task to meet regulatory requirements. However, as risks become more complex and interconnected, a fresh approach is emerging. This approach, known as strategic risk navigation,
The EU’s NIS2 directive is creating waves across various sectors as companies scramble to comply with its stringent requirements before the looming deadline of October 17, 2024. As the directive seeks to bolster cybersecurity measures, businesses face a complex landscape marked by uneven t
