UK Telecommunications Security Act. Amazon lobbyists and consumer data privacy laws. Pakistan’s Privacy Protection Bill is moving forward. Commentary on the Fed’s Disclosure Rule.
In one look.
- UK Telecommunications Security Act receives Royal Assent.
- Amazon lobbyists and consumer data privacy regulations.
- Pakistan’s Privacy Protection Bill is moving forward.
- Commentary on the US Federal Reserve’s Disclosure Rule.
UK passes law to exclude Huawei from 5G infrastructure.
The registry reports that the UK Telecommunications (Security) Act has received Royal Assent, allowing Her Majesty’s Government to control the use by UK communications networks of telecommunications companies deemed to be high risk. It is no secret that this law targets controversial Chinese telecommunications Huawei; the official public statement on the issue was titled “Government Consecrates Power to Strip Huawei.”
For security reasons, authorities decided last year to ban Huawei from integral parts of Britain’s telecommunications infrastructure, saying the hardware must be removed from mobile networks by 2027. The Evening Standard adds that companies that break the law can be fined. up to Â£ 100,000 per day. “This is a big step forward in protecting our Internet traffic and the millions of calls we make every day,” said Julia Lopez, Minister of Media, Data and Digital Infrastructure. âWe can now manage our networks with confidence and deliver the revolutionary benefits of 5G and full fiber broadband to individuals and businesses. “
Amazon’s corporate affairs are pushing against data privacy laws.
Reuters is investigating how Amazon’s recent lobbying efforts thwarted privacy laws in dozens of bills, apparently to help the company continue to collect unrestricted lucrative user data. Amazon employees shared confidential internal documents revealing that in twenty-five states, the company has impacted privacy laws by making large political donations and pushing for amendments. aimed at weakening proposed privacy laws. The mastermind behind operations, Jay Carney, was a former communications director for Joe Biden during his tenure as vice president and was President Barack Obama’s press secretary. When he was hired by Amazon in 2015, he developed a corporate affairs department that combined experts in public policy and public relations, and during his tenure the team grew from twenty-four to two hundred and fifty.
Pakistan is drafting a data protection law.
Pakistan’s Ministry of Information Technology and Telecommunications has completed the final version of the Personal Data Protection Bill 2021, Brecorder reports. The new data privacy law aims to define the responsibilities of processors and the rights of data subjects, as well as to regulate activities related to the collection, storage, processing and use of personal data. The bill also addresses consent, stating that a data controller cannot process personal data unless the data subject has given permission, and separate consent must be obtained for each purpose. In the event of a data breach, organizations should notify authorities as soon as reasonably possible, no later than seventy-two hours after discovery. Those found in violation of the new law could be fined up to Rs25 million. The bill is now awaiting approval from the Department of Law.
Comment on the Federal Reserve’s new disclosure rule.
After the announcement last week by the Board of Governors of the US Federal Reserve that regulated financial services organizations would have a thirty-six hour window to report “computer incidents” that could have a “significant impact “Ian McShane, Field Technical Director of Arctic Wolf wrote about the rationale behind regulations requiring early disclosure:
âThis mandate is another example of the federal government exerting its influence to bring more transparency to how major (and critical) industries like banks respond to cybersecurity incidents.
âAs regulated as this industry already is, it makes good sense to mandate prompt reporting of significant cybersecurity incidents because of the significant impact they can have on markets and consumers. It also highlights the need for the industry as a whole to continue to invest in better security. operations to detect and contain threats before they can have a negative impact. A rising tide lifts all ships, as they say, and regulatory pressure on banks will force the financial industry and its IT supply chain to continually improve its security posture and bring more urgency and transparency into how they navigate and react to the landscape of threats. “