Global M&A activity among telecommunications (telco) companies reflects the ongoing transformation impacting the sector in response to increasing competitive intensity, evolving consumer behaviors and disruption from so-called “over-the-top” (OTT) players, which deliver audio, video or other media over the internet without the involvement of a multiple system operator in the control or distribution of the … More Data privacy considerations in telecommunications M&A: do you know your risk?
By Cornelius Grossmann, EY Global Law Leader The advent of blockchain technology not only has the potential to disrupt entire industries, but raises legal questions that present both risks and opportunities. The pace of disruption and advent of innovative technologies is accelerating and has already triggered a seismic shift across industries. Responding to this disruption … More Blockchain: five profound legal impacts
Technology advancements have fundamentally altered how organizations collect, use and manage data. In light of this, in 2012 the European Commission embarked on a process to both update, simplify and bolster privacy regulations, and allow EU residents to resume control over their personal data. The culmination of these efforts is the General Data Protection Regulation … More When is privacy not something to keep quiet about? New EU privacy rules are on the way
The Internet of Things (IoT) describes the connection of devices — any devices — to the Internet using embedded, software and sensors to communicate, collect and exchange data with one another. With IoT, the world is wide open, offering a virtually endless array of opportunities and connections at home, at work or at play. However, … More Internet of Things: the possibilities and legal risk in media & entertainment
As a concept, privacy, and the need to protect it, has been around for decades. Yet the programs and governance structures in place to turn the concept of privacy protection into reality remain, if not in their infancy, then certainly in their adolescence. In EY’s Global Information Security Survey (GISS) 2015 privacy questionnaire, 38% of … More Privacy trends 2016: can privacy really be protected anymore?
On 24 March 2016, the Turkish Parliament adopted the Law on the Protection of Personal Data (Data Protection Law 6698), which came into effect on 7 April. The law establishes a new set of rules aimed at protecting personal data: notably, it regulates procedures and principles for processing personal data, as well as the rights … More Data privacy legislation update: Turkey
On 6 October 2015, the European Court of Justice (ECJ) ruled that the previously established Safe Harbor framework was invalid as a mechanism to approve transfers of personal data between Europe and the US. Following that decision, the national Data Protection Authorities (Article 29 Working Party) called EU and US officials to renegotiate Safe Harbor … More US Safe Harbor update: EU-US Privacy Shield – a new framework for data transfers
After the European Court of Justice invalidated the Safe Harbor agreement in October 2015, the EU General Data Protection Regulation (GDPR) was eagerly anticipated. On 15 December 2015, a political compromise on the GDPR was reached by the European Commission, European Parliament and the Council of the European Union. Two … More Political compromise: vote to adopt new EU General Data Protection Regulation