• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About
  • Contact

Daily Business Magazine

A magazine complement to the Daily Business website



  • Life, Arts & Leisure
    • Creative
    • Festival
      • Festival Reviews
    • Film
    • Food & Drink
    • Stage Shows
    • Life
    • Leisure
      • Rio Recommends – dog walks and cafes
    • Homes
    • Style
    • Travel
  • Analysis & Opinion
    • Bill Magee
    • Craig Alexander Rattray
    • Karen Harvie
    • Keith Anderson
    • Russell Dalgleish
    • Terry Murden
    • Viewpoint
  • Interviews
  • Notebook
  • Working Life
    • Careers & Management
    • Finance and legal
    • Technology
      • Tech Talk
    • Well Being
  • Daily Business News
    • All Content
Home » All Content » Contributors » Time for firms to get risk intelligence in place

Time for firms to get risk intelligence in place

December 4, 2022 by Bill Magee Leave a Comment

Bill Magee

TECH TALK: BILL MAGEE says there are concerns about new data privacy laws


Digitally-led businesses are urged to invest in the latest online and mobile information risk intelligence tools as a safeguard in case the UK Government further loosens internet-based data security rules. A Brexit promise is withdrawal from the Euro-driven general data protection regulation (GDPR). Critics point to a much-delayed replacement online safety bill that continues to be significantly watered down.

Last week the government announced plans to axe measures which would have forced Big Tech social media platforms to take down harmful material.

Another move aims to strengthen fines if the same sites fail to provide user filters safeguarding children outline. Unfortunately, it’s five years, if not a decade, overdue.

Now there are fears the role of data protection officer is to be abolished. Sounds like a simple job title.

In reality, it’s a key independent position brought in by the EU specifically to monitor business compliance and advise firms of their obligations under the act.

Mariano delli Santi, a data protection and legal specialist at Open Rights Group (ORG), told the Law Society of Scotland there are “serious concerns” about UK data protection plans.

Especially the government unearthing ancient legislation, namely the “Henry VIII Powers, to exercise its executive will, as it sees fit.

ORG works to preserve data and digital rights and freedoms, and predicts months if not years of legal disputes and judicial reviews.

The non-profit organisation further claims this will make it virtually impossible for companies to do business in and with Europe.

Scotland-based Vicky Brock, an early pioneer of the data analytics industry and now a serial technology entrepreneur on her fifth start-up, says nothing should be left to chance.

The recipient of a European Commission “top tech start-up” urges companies to investigate installing “risk profiling data intelligence and enforcement tools”.

TED Talk speaker Brock suggests an under-pressure business leader should also consider a peer mentor.

“I’ve always craved executive level experience..and so was fascinated to hear from Mark Logan how Skyscanner did exactly that,” she says.

A new Statista survey finds 41% of businesses operating in Europe and the United States list lack of analytical skills among employees as the top challenge.

The global market for big data analytics is predicted to reach well over £55 billion by 2025.

Since the split with Europe firms have had to comply with the 2018 Data Protection Act. But confusingly, EU data provisions are still deeply embedded in UK law.

It’s called “UK GDPR” and should finally be replaced by new legislation possibly next summer. Or not.

One thing’s for sure. No one is heartened by another UK Cabinet Office data breach. It happened last month but attracted hardly any press coverage.

Revealed by publictechnology.net both the irony and timing of the latest online disruption, at the highest of levels, is not lost on critics.

The website states cabinet officials were alerted but “then failed to acknowledge or address the breach for ten days”.

The site described it as “a familiar issue”. Personal details of a civil servant and a supplier representative were revealed.

Last year a cabinet office breach led to the UK Information Commissioner issuing a record £500,000 fine. On appeal it was controversially reduced to £50,000.

A file posted on GOV.UK contained the names and unredacted addresses of more than 1,000 people announced in the New Year’s Honours list.

Last month UK Information Officer John Edwards claimed issuing monetary penalties can be counter-intuitive.

He maintains the cash may be needed more by the offending body, such as health. Then the organisation should receive a reprimand.

Far from happy a group of security experts have sent an open letter to Prime Minister Rishi Sunak.

They warn of weakened end-to-end secure encryption hitting business, economy and wider society if the online safety bill is not strengthened.

Share this:

  • Post

Like this:

Like Loading...

Related

Filed Under: Analysis & Opinion, Bill Magee, Contributors, Tech Talk, Technology, Working Life Tagged With: data protection

hello

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar




Editor’s Pick

Ian Ritchie

AI creates the biggest university challenge

Ian Ritchie

… [More...] about AI creates the biggest university challenge

Corey, Gavin and Kerry-Anne Hastings

Rugby legend honoured by new beer brand

Julena Drumi

… [More...] about Rugby legend honoured by new beer brand

Arbikie single malt

Defining milestone for farm distillery

Julena Drumi

… [More...] about Defining milestone for farm distillery

Terry Murden

Was Scotland’s state bank blinded by the light?

Terry Murden

… [More...] about Was Scotland’s state bank blinded by the light?

Advertising



Footer

  • All Content
  • Site Map
  • Privacy Policy
  • Facebook
  • X
  • Instagram
  • LinkedIn
  • WordPress

Copyright © 2026 · Design by jPAD Consulting · Magazine Pro · Genesis Framework

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
 

Loading Comments...
 

    %d