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APDCAT urges designing privacy-friendly products and services to gain competitive advantage

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As part of 4YFN at the Mobile World Congress, the Catalan Data Protection Authority has hosted the “Take advantage of privacy” conference featuring Gabriela Zanfir-Fortuna, Vice President for Global Privacy at the Future of Privacy Forum, Meritxell Borràs, APDCAT’s director, and  Xavier Urios, head of Legal Advice at APDCAT.

The Catalan Data Protection Authority (APDCAT) has championed the competitive advantage of designing privacy-friendly products and services. At the “Take advantage of privacy” conference hosted as part of 4YFN at the Mobile World Congress, APDCAT’s director Meritxell Borràs addressed the entrepreneurship sector and start-ups to advocate the added value of using privacy by design and by default when developing technological devices which gather and process personal data.

Borràs opened the event which also featured Gabriela Zanfir-Fortuna, Vice President for Global Privacy at the Future of Privacy Forum. In her talk, Borràs spoke about how society is becoming more technological and datafied where data are an economic asset. She argued that “data protection is a key factor in achieving responsible innovation and sustainable development.”

She pointed to the efforts underway to build the structures needed to make the European Union an attractive area for investment and economic and social growth by harnessing technology while also safeguarding people’s rights. She added that compliance with data protection regulations by all the stakeholders involved “is crucial to compete in a market in which privacy is a core value for maintaining the levels of freedom achieved so far.”

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Gabriela Zanfir-Fortuna spoke about the importance of embedding from the outset privacy protections in products and services that rely on processing personal data. Beyond the fact that Data Protection by Design and by Default is a legal obligation under the GDPR (Article 25), embedding data protection features in new products and services is an advantage for start-ups because it significantly increases the trust of potential users and customers, it decreases the risk of reputational damage that unlawful personal data processing and data breaches can bring, and it ultimately respects the rights of individuals.

Giving a preview into the results of a study of approximately 150 real life cases from European Data Protection Authorities and Courts which enforced Article 25 GDPR, she highlighted practical examples of what companies should do to ensure Data Protection by Design, such as designing systems with the possibility for data to be erased once it is no longer necessary, deploying technical and organizational measures to prevent third-party access to personal data and ensuring that staff is trained to apply these measures, designing registration forms for services that only require the minimum amount of information necessary, or ensuring increased transparency when deploying automated processes that claim to detect emotions from customers’ voices. Surveying the various cases that emerged in the past 5 years on the application of Article 25 GDPR, it is confirmed that the weight of the GDPR rests on the shoulders of the Data Protection by Design obligation.

The person in charge of the processing is the Direction of the Catalan Data Protection Authority (APDCAT). Your data (name, surname, profession, company, email and region) have been provided to us by GSMA and are processed for the purpose of communicating information relating to press releases and calls on the activity of the APDCAT within the framework of MWC 2023. You can access your data, request rectification or deletion, oppose its processing and request its limitation by sending your request to the address of the APDCAT: c / Rosselló, 214, Esc. A, 1r 1a, 08008 Barcelona, or through its electronic office (https://apdcat.gencat.cat/ca/seu_electronica).

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BSEC chairman Shibli Rubayat resigns

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Bangladesh Securities and Exchange Commission Chairman Prof Shibli Rubayat-Ul Islam resigned today.

He sent his resignation letter to the official concerned at the finance ministry.

He stepped down citing health reasons, said Abdur Rahman, secretary of the Financial Institutions Division of the Ministry of Finance, confirming receipt of the letter.

The development came five days after Sheikh Hasina’s government fell and she fled Bangladesh in the face of a civil uprising.

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Islam has remained absent from work for the past several days.

Islam, a Dhaka University teacher, was appointed as chairman of the BSEC in 2020. Last May, he was reappointed for another four-year tenure.

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Progressive Life Insurance Company organizes 199th Board Meeting

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The 199th board meeting of Progressive life Insurance Company Limited (PLICL) was held in the organization’s corporate office in the capital’s National Scout Bhaban on Wednesday 10 July 2024. It was presided over by PLICL Acting Chairman M. Shoeb Chowdhury.

The meeting was also attended by Directors viz Bajloor Rashid, MBE, Zakariya Ahad,Mezanur Rahman,DR. Md. Jamil Sharif, Phd, FCMA,DR. Tazrina Farah,Babel Miah,Kamal Miah, M A Karim,Gulam Mostafa Ahmed. Managing Director and Chief Executive Officer Md. Saidul Amin, Additional Managing Director Md. Mizanur Rahman Shipon, Senior Executive Vice President & Company Secretary Abdullah Al Mansur.

The participants in the meeting talked about pending claim settlements, business development plans and laid emphasis on complying with regulatory norms, laws and principals.

The officials of Progressive life Insurance Company Limited greeted the newly appointed Acting Chairman M. Shoeb Chowdhury with flowers at the beginning of the meeting.

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Anwar Group of Industries Organized ‘Induction of Leadership’ program

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Anwar Group of Industries, a leading Bangladeshi conglomerate, celebrated a momentous occasion with the formal induction of its new leadership team.

In a ceremony held at the Dhaka Chamber of Commerce and Industry (DCCI), Mr. Manwar Hossain, Chairman of Anwar Group of Industries, officially announced Mr. Hossain Mehmood as Vice Chairman and Mr. Hossain Khaled as the Group Managing Director of Anwar Group of Industries. Additionally, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood were sworn in as Deputy Managing Director of Anwar Group of Industries.

The “Induction of Leadership” ceremony on March 3, 2024, marked a memorable and new chapter for Anwar Group of Industries. At the ceremony, Mr. Manwar Hossain, Chairman of Anwar Group of Industries, presented the group’s brooches to Mr. Hossain Mehmood, Mr. Hossain Khaled, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood. The ceremony was also attended by members of the Anwar family, stakeholders, and employees.

Committed to empowering its employees and creating a shared vision for the future, Chairman of Anwar Group of Industries, Mr. Manwar Hossain announced a groundbreaking move, all future employees will be made shareholders. This bold initiative underscores the group’s belief in the value of its employees and its commitment to building a sustainable and inclusive future.

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