Data lake

OAIC publishes first Consumer Data Right privacy assessment

Retrieved on: 
Monday, October 31, 2022

OAIC publishes first Consumer Data Right privacy assessment

Key Points: 
  • OAIC publishes first Consumer Data Right privacy assessment
    An audit of the big four banks has found they are generally handling consumer data under the Consumer Data Right in an open and transparent way with good privacy practices in place.
  • As co-regulator of the Consumer Data Right (CDR) system, the Office of the Australian Information Commissioner (OAIC) is proactively assessing privacy practices to ensure providers are meeting their obligations.
  • Australian Information Commissioner and Privacy Commissioner Angelene Falk said the assessment program is an important part of the privacy framework for the Consumer Data Right.
  • Our privacy assessment found the big four banks are generally complying with the bedrock Consumer Data Right privacy safeguard, Commissioner Falk said.

OAIC 2021 highlights

Retrieved on: 
Monday, October 31, 2022

OAIC 2021 highlights

Key Points: 
  • OAIC 2021 highlights
    15 December 2021
    Download our 2021 highlights infographic
    Long text description
    In 2021 the Office of the Australian Information Commissioner worked to increase public trust and confidence in the protection of personal information and access to government-held information.
  • Encourage and support proactive release of government information:
    - Developed FOI capabilities through new resources, guidelines, reports and information sessions
    - Released joint open by design principles for governments
    Advance online privacy protections:
    - Took regulatory action to protect Australians online, including an international joint investigation
    - Promoted and advised on Privacy Act review and Online Privacy Code
    - Oversaw new personal information handling practices to support the pandemic response and recovery
    Influence and uphold privacy and information access rights frameworks:
    - Regulated compliance with personal information security obligations through the Notifiable Data Breaches scheme and Consumer Data Right
    - Ensured more than 700 data breaches were notified to individuals, rectified and remedied
    - Finalised Commissioner-initiated investigations on high privacy impact technologies, security and FOI
    - Finalised more than 2,000 privacy complaints from individuals
    - Completed proactive assessments to enhance organisations privacy practices, including on CDR and COVIDSafe
    - Commenced proactive assessments of PIA register compliance and My Health Record access security policies
    - Issued national principles for handling personal information in the pandemic
    - Finalised almost 1,100 Information Commissioner reviews, up more than 10%
    - Finalised more than 160 FOI complaints, up more than 10%
    - Helped more than 13,000 people with privacy and FOI enquiries through our public information service
    - Influenced legislative and regulatory frameworks through 15 submissions on privacy and FOI matters
    - Worked with agencies to improve statutory processing timeframes for FOI
    Contemporary approach to regulation:
    - Engaged with Australian and international counterparts to promote regulatory cooperation and information rights
    - Provided international leadership to the data protection community through key roles in the Global Privacy Assembly
    - Raised awareness of regulatory focus through more than 40 events and presentations
    Support delivery of Digital Economy Strategy and Cyber Security Strategy:
    - Supported the accelerated rollout of the Consumer Data Right, through guidance, complaint handling processes and partnerships with CDR agencies
    - Advised government on development of Digital Identity System, Australian Data Strategy and My Health Records
    - Supported government consideration of cyber security regulation

Ordr Awarded Four Patents Addressing Connected Device Security Challenges

Retrieved on: 
Tuesday, October 25, 2022

SANTA CLARA, Calif., Oct. 25, 2022 /PRNewswire/ -- Ordr, the leader in connected device security, has been awarded four new patents for the visibility and security of the ever-increasing number of devices accessing today's enterprise networks.

Key Points: 
  • SANTA CLARA, Calif., Oct. 25, 2022 /PRNewswire/ -- Ordr , the leader in connected device security, has been awarded four new patents for the visibility and security of the ever-increasing number of devices accessing today's enterprise networks.
  • In industries such as healthcare, a cyberattack impacting a connected device can easily disrupt the entire business
    Connected devices are transforming industries and business operations.
  • "Ordr continues to make significant investments in our technology to enable our customers to address critical connected device security problems.
  • Ordr makes it easy to secure every connected device, from traditional IT devices to newer and more vulnerable IoT, IoMT, and OT.

EQS-News: Northern Data: Change in the Management Board

Retrieved on: 
Saturday, October 22, 2022

The Supervisory Board of the company would like to thank Mr. Sickenberger for his work for Northern Data AG and wishes him all the best for the future, both professionally and privately.

Key Points: 
  • The Supervisory Board of the company would like to thank Mr. Sickenberger for his work for Northern Data AG and wishes him all the best for the future, both professionally and privately.
  • The Management Board will take over Mr. Sickenberger's responsibilities in the interim.
  • Chairman of the Supervisory Board Dr. Tom Oliver Schorling: During his time as COO and member of the Management Board since August 2020, Stefan Sickenberger has made a very significant contribution to the success of the company.
  • The Northern Data Group currently operates custom, large-scale data centers and proprietary mobile high-performance data centers and employs a workforce of over 220 people in 7 countries.

EQS-News: Northern Data: Adoption of all proposed resolutions at first virtual Annual General Meeting under new stock corporation law regulations

Retrieved on: 
Saturday, October 22, 2022

CEO Aroosh Thillainathan commented: As an innovative technology company, we welcome the fact that the legislature has now permanently established the virtual general shareholder meeting as part of the digitization of stock corporation law.

Key Points: 
  • CEO Aroosh Thillainathan commented: As an innovative technology company, we welcome the fact that the legislature has now permanently established the virtual general shareholder meeting as part of the digitization of stock corporation law.
  • We were pleased to have the opportunity to pioneer this meeting format in Germany.
  • In total, the company generated around EUR190 million in revenue and around EUR 90 million in adjusted EBITDA in 2021.
  • The Northern Data Group currently operates custom, large-scale data centers and proprietary mobile high-performance data centers and employs a workforce of over 220 people in 7 countries.

Strategic Partnership Agreement to Develop the Quantum Computing Market in Japan and Asia-Pacific

Retrieved on: 
Tuesday, October 18, 2022

TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.

Key Points: 
  • TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.
  • Mitsui, which is committed to digital transformation, and Quantinuum, one of the world's leading quantum computing companies, integrated across hardware and software, have entered this strategic partnership to develop quantum computing use cases, which are expected to drive significant business transformation and innovation in the future.
  • Today's announcement reinforces our belief in the global quantum leadership shown by corporations and governments in Japan, pioneered by corporate leaders like Mitsui."
  • Joint development of business use cases and business models utilizing quantum computing (pharmaceutical, materials development, energy, mobility, logistics, etc.)

Strategic Partnership Agreement to Develop the Quantum Computing Market in Japan and Asia-Pacific

Retrieved on: 
Tuesday, October 18, 2022

TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.

Key Points: 
  • TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.
  • Mitsui, which is committed to digital transformation, and Quantinuum, one of the world's leading quantum computing companies, integrated across hardware and software, have entered this strategic partnership to develop quantum computing use cases, which are expected to drive significant business transformation and innovation in the future.
  • Today's announcement reinforces our belief in the global quantum leadership shown by corporations and governments in Japan, pioneered by corporate leaders like Mitsui."
  • Joint development of business use cases and business models utilizing quantum computing (pharmaceutical, materials development, energy, mobility, logistics, etc.)

NTT DATA and DENSO Start to Build an Industry-wide Ecosystem for EV Batteries

Retrieved on: 
Thursday, October 13, 2022

KARIYA, Japan, Oct. 13, 2022 /PRNewswire/ -- In September 2022, NTT DATA Corporation ("NTT DATA") and DENSO Corporation ("DENSO") started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.

Key Points: 
  • KARIYA, Japan, Oct. 13, 2022 /PRNewswire/ -- In September 2022, NTT DATA Corporation ("NTT DATA") and DENSO Corporation ("DENSO") started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.
  • NTT DATA and DENSO have therefore jointly applied for the solicitation of proposals under the subsidy program of the Ministry of Economy, Trade and Industry (METI) to create an industry-wide ecosystem for EV batteries.
  • To take on this challenge, NTT DATA and DENSO will launch a study on a data space for the automotive and manufacturing industries ("the data space") to manage life cycle data on EV batteries and build an industry-wide ecosystem for EV batteries.
  • NTT DATA has worked with Nippon Telegraph and Telephone Corporation ("NTT") and NTT Communications Corporation ("NTT Com") to build the platform and create Japan's data space, which is connected to platforms for safely exchanging data between companies.Note 5 In this study, NTT DATA will collaborate with NTT Com and build the data space by leveraging the know-how of NTT DATA, which has a track record in building and operating large-scale social platforms.