Weekly Privacy News Update – Episode 40


Digital Markets Act gets final approval

The Czech Presidency of the Council of the European Union green-lights the Digital Markets Act (DMA). The law will take effect six months after it is published in the Official Journal of the European Union and signed by EU institutions. The council’s final approval is the last stage for full adoption.

Source: European Council, IAPP

Proposed American Data Privacy and Protection Act gets an amended version from authors

The proposed American Data Privacy and Protection Act (ADPPA) has an amended version released by legislators. Significant amendments that include the private right of action’s effectivity date were changed from four years to two years after adoption, and adjustments to the authority of the US Federal Trade Commission and the California Privacy Protection Agency. There are also modifications to the definitions for “covered entity” and “service provider” in the amended version.

Source: US House of Representatives, IAPP

Seizure of assets gets backing from EDPS

The European Data Protection Supervisor (EDPS) released its comments on the proposed confiscation of assets by the European Commission. The proposal will support law enforcement in EU states “identify, freeze, manage, and confiscate assets obtained through” organized crime. EDPS Wojciech Wiewiorowski supports the proposal since it emphasizes ensuring the importance of protecting personal data under EU law.

Source: EDPS, IAPP

The banking app Plaid settles a $58 million class-action lawsuit

A federal judge has approved the $58 million settlement for a class-action lawsuit for the banking app Plaid. The tech startup provided bank “linking” and verification services for fintech apps customers used to send and receive money, including Venmo, Coinbase, Cash App, and Stripe. The case resulted from complaints from Plaid customers claiming the company harvested and sold their data without consent. When the complainants used the apps, they were unaware they provided banking login credentials to Plaid.

Source: Courthouse News Service, IAPP

Masha Komnenic CIPP/E, CIPM, CIPT, FIP
More about the author

Written by Masha Komnenic CIPP/E, CIPM, CIPT, FIP

Masha is an Information Security and Data Privacy Specialist and a Certified Data Protection Officer. She has been a Data Protection Officer for the past six years, helping small and medium-sized enterprises achieve legal compliance. She has also been a privacy compliance mentor to many international business accelerators. She specializes in implementing, monitoring, and auditing business compliance with privacy regulations (HIPAA, PIPEDA, ePrivacy Directive, GDPR, CCPA, POPIA, LGPD). Masha studied Law at Belgrade University, and she passed the Bar examination in 2016. More about the author

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