Weekly Industry News – Week of Jan 01

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Week of January 01, 2024

Here are the main industry highlights of this week.

➡ Innovation and New Technology Developments

Colombia Advances Digital Security with Enhanced Identity Strategy and Biometric Authentication

Colombia is improving its digital security by enhancing its digital identity strategy, which began in November 2020. The Colombian government is working with Gestión de Seguridad Electrónica S.A. (GSE) to introduce new physical identity cards with digital smartphone extensions that use biometric authentication. 

➡ Investments and Partnerships

WISeKey and The Hashgraph Association Partner to Expand Hedera Network

WISeKey International Holding Ltd. (WISeKey), a global leader in cybersecurity, digital identity, and IoT solutions, has successfully closed a strategic investment round with The Hashgraph Association (THA), a Swiss-based non-profit organization dedicated to accelerating the broad adoption of the Hedera network worldwide. 

➡ Legal and Regulatory 

23andMe’s Data Breach Crisis: Blame Game Backfires

23andMe faced a significant public relations crisis following a data breach affecting nearly 7 million users in December 2023. The genetics testing company responded poorly, blaming affected customers for poor security practices, claiming that they negligently reused login credentials from previously exposed accounts, thereby deflecting responsibility for the breach

New York Times Sues OpenAI and Microsoft for Copyright Infringement

The New York Times and other major news outlets like the BBC, CNN, and Reuters have recently blocked OpenAI’s web crawler, preventing the AI company from scraping their content for training AI models.

OpenAI Designates Dublin Entity as Data Controller in EU for GDPR Compliance

OpenAI is taking measures to reduce regulatory risk in the European Union by making its Dublin-based entity, OpenAI Ireland Limited, the data controller for users in the European Economic Area (EEA) and Switzerland. This change will streamline privacy oversight and align with the General Data Protection Regulation’s one-stop-shop mechanism. 

U.S. and EU Aim to Align Digital Identity Standards, Addressing Privacy in Biometric Data Sharing

The National Institute of Standards and Technology (NIST) in the U.S. and the European Union (EU) want to bridge the digital divide by aligning their digital identity efforts. A U.S.-EU Trade and Technology Council draft report highlights commonalities and differences in digital identity standards, revealing overall compatibility.

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