With no incentive to ‘make the punishment fit the crime,’ settling fast seems to be the cheapest option.
https://krebsonsecurity.com/2021/06/first-american-financial-pays-farcical-500k-fine/
First American Financial Pays Farcical $500K Fine
In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. This week, the U.S. Securities and Exchange Commission settled its investigation into the matter after the Fortune 500 company agreed to pay a paltry penalty of less than $500,000.
If you bought or sold a property in the last two decades or so, chances are decent that you also gave loads of personal and financial documents to First American. According to data from the American Land Title Association, First American is the second largest mortgage title and settlement company in the United States, handling nearly a quarter of all closings each year.
Some people will find a way to abuse any tool. Strange, but I seem to recall that cars also have something that reports your speed.
https://www.makeuseof.com/snapchat-removes-speedometer-prevent-potential-lawsuits/
Snapchat Removes Speedometer Filter to Prevent Potential Lawsuits
Critics have argued that the speed filter encourages users to engage in reckless driving.
...and in Texas, everyone carries a gun.
Texas Amends Breach Notification Law to Require Public Reporting of Breach Notices
On June 14, 2021, Texas Governor Greg Abbott signed HB 3746, a bill amending Texas’s data breach notification law. Texas’s breach notification law requires notice to affected residents in the event of a data breach affecting certain sensitive personal data, including Social Security numbers, driver’s license or other government-issued ID numbers, account numbers or payment card numbers in combination with any required security code, access code or password, or certain information about an individual’s health or medical condition or treatment. The law also requires businesses to notify the Texas Attorney General of any data breach affecting at least 250 Texas residents.
… The amendments in HB 3746 take effect September 1, 2021.
Let’s see who ignores this warning.
UK’s ICO warns over ‘big data’ surveillance threat of live facial recognition in public
The UK’s chief data protection regulator has warned over reckless and inappropriate use of live facial recognition (LFR) in public places.
Publishing an opinion today on the use of this biometric surveillance in public — to set out what is dubbed as the “rules of engagement” — the information commissioner, Elizabeth Denham, also noted that a number of investigations already undertaken by her office into planned applications of the tech have found problems in all cases.
“I am deeply concerned about the potential for live facial recognition (LFR) technology to be used inappropriately, excessively or even recklessly. When sensitive personal data is collected on a mass scale without people’s knowledge, choice or control, the impacts could be significant,” she warned in a blog post.
… “It is telling that none of the organisations involved in our completed investigations were able to fully justify the processing and, of those systems that went live, none were fully compliant with the requirements of data protection law. All of the organisations chose to stop, or not proceed with, the use of LFR.”
(Related)
https://www.pogowasright.org/new-york-city-biometric-ordinance-effective-july-9-are-you-ready/
New York City Biometric Ordinance Effective July 9, Are You Ready?
Liisa Thomas, Kari Rollins, and Julia Kadish of Sheppard Mullin write:
New York City recently enacted a biometric ordinance that is set to come into effect July 9, 2021. With this ordinance, NYC joins other cities (like Portland) in regulating the use of biometric information. The ordinance may impact retailers, restaurants, and entertainment venues in the city that use security cameras with facial-recognition technology or otherwise collect biometric identifiers from their customers.
Applicability. The law applies to commercial establishments (like the type itemized above) that collect “biometric identifier information” from “customers.”
Read more on Eye on Privacy.
Perspective. 20 minute video
Tom Siebel on the Promise and Risks of AI
Tom Siebel, CEO of C3.ai, on using AI for cybersecurity, IoT and precision medicine. He sees widespread medical adoption in 10 years but warns safeguards are needed.
Perspective. A lawyer hoping that AI won’t replace lawyers? (For the medium-term?)
https://www.bespacific.com/the-limits-of-law-and-ai-2/
The Limits of Law and AI
McCarl, Ryan, The Limits of Law and AI (March 16, 2021). University of Cincinnati Law Review, Vol. 90, No. 3, 2022, Available at SSRN: https://ssrn.com/abstract=3805453
“For thirty years, scholars in the field of law and artificial intelligence (AI) have explored the extent to which tasks performed by lawyers and judges can be assisted by computers. This article describes the medium-term outlook for AI technologies and explains the obstacles to making legal work computable. I argue that while AI-based software is likely to improve legal research and support human decisionmaking, it is unlikely to replace traditional legal work or otherwise transform the practice of law”
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