Privacy news from FierceCIO

Under a proposed update to the European Union's data protection law, companies could be fined as much as 2 percent of their annual sales for losing personal data or processing sensitive information Read more...

Facebook will submit to outside audits of its privacy practices every two years for the next 20 years under a proposed settlement announced Tuesday with the Federal Trade Commission. The agreement Read more...

Will Washington finally enact some data privacy laws in the coming year, or won't it? Right now, it's looking like a 50-50 bet. The massive data breaches at Sony and Epsilon this spring, combined Read more...

The big (not-entirely-new) news last week that Apple (NASDAQ: AAPL) is keeping tabs on iPhone users' every move elicited indignation in some corners and apathy in others. Consumers seem to widely Read more...

Leading up to Data Privacy Day this Friday, someone hacked into the Facebook fan page of Facebook CEO Mark Zuckerberg. The company reportedly attributed the breach to a software bug and said Read more...

Chief executive officers, chief financial officers and chief operating officers are stopping their organizations from moving to cloud computing mostly out of concern for data privacy and security, Read more...

Facebook rolled out a new messaging system this week, incorporating email, instant messages, text messages and Facebook posts, among other things. The company's CEO, Mark Zuckerberg, said this Read more...

The U.S. healthcare system is expensive, but it could be less so if data breaches weren't costing it billions of dollars every year. The Ponemon Institute and the security consulting firm ID Expert Read more...

Recent data breaches at Google (NASDAQ: GOOG) and Facebook have spurred European regulators to call for tighter rules safeguarding private data, reports Eric Pfanner at The New York Times. Burgeoning Read more...

The Obama administration is drafting a proposal for a new law that would enable the government to intercept and decode all Internet communications, including encrypted data, Charlie Savage at The New Read more...