Tag "GDPR"
Can I secretly record what was said at the business meeting?
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...
Read more
The new and the old: NIS2 and GDPR in corporate information security
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...
Read more
Artificial intelligence is tempting, but you have to be careful about your rights
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...
Read more
These are the dangers of social media for companies
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...
Read more
There are a lot of question marks surrounding the new complaint law, an important corporate deadline has already passed
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...
Read more
The year 2022 brought GDPR fines of nearly 3 billion euros in Europe
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,...
Read more
Companies violating access rights could face fines of up to $20 million
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...
Read more
Magazine: E-commerce: Dynamic growth, growing risk
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)....
Read more
GDPR: the time has come, many companies may be affected by the review obligation
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...
Read more
Magazin: AI is the future
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...
Read moreThe amount of GDPR fines imposed in Hungary is over 300 million HUF
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...
Read more
think.BDPST: Regulations following the technological development
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...
Read moreGDPR: more fines, but there are still few well-prepared organizations
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...
Read more
Where can entrepreneurs use security cameras?
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...
Read more
Magazine: Technology brings major transformation to the Hungarian financial services market
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...
Read more
Why the legal function must be reimagined for the digital age
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...
Read more
Who is the data protection official?
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...
Read more
GDPR related challenges and opportunities related
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...
Read more
Trade magazin GDPR
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...
Read more
