Tag "GDPR"
Can I secretly record what was said at the business meeting?
Date: 2024-04-22 10:20:51
As technology advances, it becomes easier to record any conversation. Today, anyone can easily record business negotiations with a smartphone – even secretly. There can be countless reasons for making...
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The new and the old: NIS2 and GDPR in corporate information security
Date: 2024-02-21 11:16:21
If you had to name a law that was created specifically for the protection of information in the European Union, almost without exception, GDPR would be the first thing that...
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Artificial intelligence is tempting, but you have to be careful about your rights
Date: 2024-02-15 11:22:41
The corporate application of artificial intelligence has many opportunities, but also many legal pitfalls, warns the international law firm Baker McKenzie. With the help of generative artificial intelligence (AI), we...
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These are the dangers of social media for companies
Date: 2023-09-18 11:29:56
Some technological giants, such as Meta, which was recently renamed from Facebook, TikTok, or Google’s advertising management and marketing tools (Meta Pixel, TikTok Pixel, Google Analytics) are used by many...
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There are a lot of question marks surrounding the new complaint law, an important corporate deadline has already passed
Date: 2023-07-26 11:28:10
The Act on Complaints, Public Interest Notifications, and Rules for Reporting Abuses (Complaints Act), adopted at the end of May, imposes a number of obligations on businesses. Medium-sized companies (from...
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The year 2022 brought GDPR fines of nearly 3 billion euros in Europe
Date: 2023-01-19 11:06:01
In 2022, GDPR fines worth 1.64 billion euros were imposed in Europe, which represents a more than double increase compared to the total value of fines in the previous year,...
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Companies violating access rights could face fines of up to $20 million
Date: 2022-03-28 10:48:12
Under the GDPR, individuals can ask companies for information about the processing of their personal data. In Hungary, companies should also take particular care to ensure that the right of...
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Magazine: E-commerce: Dynamic growth, growing risk
Date: 2022-03-28 07:05:24
In the last decade e-commerce’s market share has been growing dynamically in Hungary. From 2019 to 2020 the growth was nearly 35 percent – reports the State Audit Office (ÁSZ)....
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GDPR: the time has come, many companies may be affected by the review obligation
Date: 2021-09-21 09:37:29
An important but almost completely forgotten task is faced by all enterprises and organisations to which the gdpr regulation applies. It is time for a mandatory review, during which all...
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Magazin: AI is the future
Date: 2021-09-10 06:27:02
Fulbright research scholar Dr Katalin Fehér, an expert of artificial intelligence (AI) based society and culture was the guest of Chain Bridge Club. Dr Katalin Fehér explained that machine learning...
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The amount of GDPR fines imposed in Hungary is over 300 million HUF
Date: 2021-02-08 11:18:26
Since its entry into force, by the end of 2020, a total of more than a quarter of a billion euros, about 90 billion HUF of GDPR fines have been...
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think.BDPST: Regulations following the technological development
Date: 2020-11-10 22:03:54
The think.BDPST conference has been organised for the fifth time, and the main topics were the future of education, regulating how tech giants operate, the possible effects of 5G’s spreading...
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GDPR: more fines, but there are still few well-prepared organizations
Date: 2020-02-04 11:06:38
The total amount of GDPR fines imposed on companies operating in Hungary exceeded 140 million forints. Most companies violate the principle of personal data processing, which has been penalized 58...
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Where can entrepreneurs use security cameras?
Date: 2019-08-20 10:08:47
An amendment to the Hungarian property protection act, which entered into force this April, brought stricter rules in the use of security cameras. The changes in the law were necessary...
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Magazine: Technology brings major transformation to the Hungarian financial services market
Date: 2019-07-09 07:38:50
At the end of April more than 400 experts gathered at the FinTechShow conference, where Hungary’s fintech strategy and the fintech programme of the Central Bank of Hungary (MNB) were...
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Why the legal function must be reimagined for the digital age
Date: 2019-05-20 10:38:58
The EY global survey finds that legal functions must change their operating models to maximize value from digital transformation. The recent EY legal operations survey of 1,058 senior legal practitioners...
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Who is the data protection official?
Date: 2018-10-15 22:09:10
The General Data Protection Regulation (GDPR) of the European Union affects all businesses, including hotels and restaurants as they also manage personal data. By 25 May every company prepared for...
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GDPR related challenges and opportunities related
Date: 2018-09-27 10:21:24
The EU’s General Data Protection Regulation (GDPR) entered into force as of 24 March 2016, and after two years of preparations it is directly applicable as of 25 May 2018...
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Trade magazin GDPR
Date: 2018-05-16 14:24:10
We hereby inform our readers that Regulation (EU) 2016/679 (GDPR) statutorily applicable also in Hungary as of 25 May 2018 provides for more stringent rules on the information obligation related...
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