#ComplianceMeasures

Europe’s data protection laws cut data storage by making information-wrangling pricier

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February 21, 2024 at 02:32AM Europe’s GDPR has reduced data storage and processing for European firms due to increased data management costs. The NBER paper, “Data, Privacy Laws and Firm Production: Evidence from the GDPR,” by economists Mert Demire, Diego J Jiménez Hernández, Dean Li, and Sida Peng, examines the GDPR’s impact on costs, revealing … Read more

DOJ Slams XCast with $10 Million Fine Over Massive Illegal Robocall Operation

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January 3, 2024 at 03:12AM The U.S. Department of Justice settled with VoIP provider XCast for illegal telemarketing campaigns. The agreement requires compliance measures and a $10 million penalty, suspended due to financial inability. XCast must sever ties with non-compliant firms. FTC also banned Response Tree for illegal robocalls and deceptive website practices, selling consumer … Read more