EU hits Amazon with record-breaking $887M GDPR fine over data misuse

Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887 million) GDPR fine over the way it uses customer data for targeted advertising purposes. Amazon disclosed the ruling in an SEC filing on Friday in...

Financial firms should leverage machine learning to make anomaly detection easier

Bikram Singh Contributor Share on Twitter Bikram Singh is the CEO and co-founder of EZOPS. He has built and managed operational services and technology solutions for banks, hedge funds, asset managers, fund administrators and custodians. Anomaly detection is one of...

Opaque raises $9.5M seed to secure sensitive data in the cloud

Opaque, a new startup born out of Berkeley’s RISELab, announced a $9.5 million seed round today to build a solution to access and work with sensitive data in the cloud in a secure way, even with multiple organizations involved. Intel Capital led today’s...

Kill the standard privacy notice

Leif-Nissen Lundbæk Contributor Share on Twitter Leif-Nissen Lundbæk is the co-founder and CEO of Xayn. He specializes in privacy-preserving AI. Privacy is a word on everyone’s mind nowadays — even Big Tech is getting in on it. Most recently, Apple joined...