Data vs. Information & Digital Market Policies
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Questions and Answers

The notification to the supervisory authority must be made within ______ hours.

72

If a personal data breach is likely to result in high risk, the controller shall communicate it to the data ______.

subject

DPC pushed to LinkedIn Ireland a punishment of about ______ million euros for breaching the GDPR.

310

They are replacing the person on their ______

<p>decisions</p> Signup and view all the answers

In cases of breaches involving sensitive data, the regulations under articles ______ and 34 are stricter.

<p>33</p> Signup and view all the answers

Limited risk AI systems are subject to ______ requirements.

<p>transparency</p> Signup and view all the answers

Communications regarding data breaches should come from the legal ______ department.

<p>department</p> Signup and view all the answers

Unregulated AI systems, such as AI enabled ______ filters, can pose risks.

<p>spam</p> Signup and view all the answers

The digital euro signifies the ______ of currency.

<p>evolution</p> Signup and view all the answers

The 'Open finance' proposal establishes a framework for responsible access to financial ______.

<p>data</p> Signup and view all the answers

Europe should focus on controlling its own ______ and advanced technology to protect national data.

<p>software</p> Signup and view all the answers

The European Digital Identity gives you full control on how much information you share with ______.

<p>third parties</p> Signup and view all the answers

Artificial Intelligence can lead to better healthcare and ______ transport.

<p>safer</p> Signup and view all the answers

The European data strategy aims to make the EU a role model for ______.

<p>society</p> Signup and view all the answers

The European industrial strategy ensures European industry leads the transition towards climate ______.

<p>neutrality</p> Signup and view all the answers

The EU-US Trade and Technology Council coordinates approaches to key global trade and ______ issues.

<p>technology</p> Signup and view all the answers

The Digital Services Act and the Digital Market Act form a single set of ______ that apply across the whole EU.

<p>rules</p> Signup and view all the answers

Maximising the growth potential of the European digital ______ is one of the key objectives.

<p>economy</p> Signup and view all the answers

Without ______, businesses could deal with punishments.

<p>transparency</p> Signup and view all the answers

______ is required to have the option to reject cookies in Europe.

<p>Consent</p> Signup and view all the answers

Some companies, such as ______, prioritize privacy over gaining data.

<p>Threema</p> Signup and view all the answers

Social plug-in content sharing cookies allow users to share content with their ______.

<p>friends</p> Signup and view all the answers

The DSA aims to create a safer digital space in which the fundamental rights of all users of digital ______ are protected.

<p>services</p> Signup and view all the answers

One of the goals of the DSA is to establish a level playing field to foster ______, growth, and competitiveness.

<p>innovation</p> Signup and view all the answers

Non-exempted social plug-in tracking cookies can be used for ______ advertising.

<p>behavioral</p> Signup and view all the answers

LinkedIn faced ______ for using non-allowed cookies.

<p>punishments</p> Signup and view all the answers

The DSA includes specific rules for very large online platforms with more than ______ million users per month in the EU.

<p>45</p> Signup and view all the answers

In Europe, it is required to have the option to ______ cookies, whereas this is not mandated in the United States.

<p>reject</p> Signup and view all the answers

Companies can ______ data gained from cookies to other parties.

<p>sell</p> Signup and view all the answers

A company's website must include key elements such as legal notice, privacy policy, and terms of ______.

<p>use</p> Signup and view all the answers

In the ______, there are fewer requirements regarding cookie consent compared to Europe.

<p>US</p> Signup and view all the answers

Cookies can be defined as any file that is downloaded on a user’s ______ to store data.

<p>computer</p> Signup and view all the answers

Companies can use ______ to analyze users' behavior and gain insights on their preferences.

<p>cookies</p> Signup and view all the answers

Some companies prioritize privacy over data collection, such as ______, which charges a fee to users.

<p>Threema</p> Signup and view all the answers

AI systems can operate with varying levels of ______.

<p>autonomy</p> Signup and view all the answers

AI may exhibit ______ after deployment.

<p>adaptiveness</p> Signup and view all the answers

AI can influence ______ or virtual environments.

<p>physician</p> Signup and view all the answers

Prohibited AI systems include subliminal techniques and social ______.

<p>scoring</p> Signup and view all the answers

High-Risk AI systems are used in employment, education, and law ______.

<p>enforcement</p> Signup and view all the answers

Health monitoring through AI can involve detection of diseases and ______ data.

<p>biometric</p> Signup and view all the answers

AI systems that influence decision making can interfere with fundamental ______.

<p>rights</p> Signup and view all the answers

The reliance on AI for tasks like analyzing emails may lead to dependency and ______.

<p>descontrol</p> Signup and view all the answers

Study Notes

Data vs. Information

  • Data is raw facts and figures, unorganized and not meaningful. It's the input in a decision-making process.
  • Information is processed data, arranged and organized. It's meaningful and the output of a decision-making process.
  • Data precedes information.
  • Information is often biased because the source has already leaked some data.
  • Be careful with data because it can be lost or unreliable.

Digital Single Market Policy Areas

  • Digital Services Act (DSA): Aims to create a safe and accountable online environment for businesses and users.
  • Digital Markets Act (DMA): Ensures fair and open digital markets, protecting competition and innovation. Penalties may be imposed on companies found to be engaging in anti-competitive practices.
  • European Chips Act: Aims to reduce European dependency on other countries for semiconductor technologies and build greater competitiveness in the industry.
  • European Digital Identity: Grants users full control over sharing information with third parties.
  • Artificial Intelligence: Promotes the development of AI for healthcare, transportation, manufacturing, and energy.
  • European Data Strategy: Aims to position the EU as a role model for data-driven societies.
  • European Industrial strategy: Ensures European industry leads the transition towards climate neutrality and digital leadership, and contributes to a strong European defense sector.
  • Space: Develops a satellite-based connectivity system for management of space traffic.
  • EU-US Trade and Technology Council: Coordinates approaches to global trade, economic, and technology issues. Laws may be introduced as technology becomes involved in areas outside its typical scope and creates conflicts between development and protection.

Pillars of the Digital Single Market

  • Access to online products and services for consumers and businesses to foster innovation, increase product variety and reduce prices.
  • Shaping the environment for digital networks and services to enable businesses to grow and thrive, by harmonizing regulations, enhancing efficiency, and allowing for seamless operation across borders.
  • Maximizing the growth potential of the European digital economy.

Objectives of the DSA and DMA

  • Digital Services Act (DSA): Creates a safer online space. Specifies rules for online platforms and intermediaries (e.g., marketplaces, social networks).
  • Digital Market Act (DMA): Level playing field to foster innovation and competitiveness, both inside and outside the EU. Establishes rules for very large online platforms and search engines (over 45 million users monthly).

Website Content: Terms of Use

  • Clear legal notice, terms of use, privacy policy, and cookies policy are required .
  • Content of the website, access, use, rights of registered users, registration procedure, ownership of web content and user-generated content, links policy, data protection policy, and liability regime are all key components to include.
  • Transparency in cookie usage. Users should have the option to reject cookies.

Cookies

  • Files that store data on a user's computer.
  • Can be used to track users' behavior and preferences.
  • Can be dangerous if used for malicious purposes.
  • Without transparency, there could be punishments from authorities.

Social Cookies

  • Social plug-in content sharing cookies (e.g., sharing on social media).
  • Non-exempted social plug-in tracking cookies used for third-party purposes (advertising, analytics, market research).

Functions of the DPO (Data Protection Officer)

  • Attends meetings with top management, giving opinions and documenting decisions.
  • Ensures regulations are followed.
  • Provides advice and assistance with data protection issues.
  • Maintains records on activities related to processing data.
  • Independence from company management.

Rights Under the GDPR

  • Right of access
  • Right to erasure ("right to be forgotten")
  • Right to rectification
  • Right to data portability
  • Right to restriction of processing
  • Right to object
  • Right to data subject.

Data Breach Action

  • Analyze who is affected and what information needs to be addressed
  • Review documents carefully
  • Ensure consistency, avoid contradictions and keep documentation accurate
  • Public disclosures, transparency is important
  • Manage communications (to customers, suppliers)
  • Corporate communications dept. should oversee communications.

Definition of AI

  • Al systems are machine-based systems that operate with varying levels of autonomy.
  • They can make predictions, generate content, provide recommendations, and influence environments.
  • Some people worry about the potential disruption and job displacement.
  • Concerns about uncontrolled resource consumption and lack of reliable information,

Classification of AI under EU Law

  • Prohibited AI systems: Use subliminal techniques, social scoring, exploit vulnerabilities, and detect emotions in a workplace setting.
  • High-Risk AI systems: Systems in employment, education, law enforcement, migration sectors and those related to health, diseases detection, privacy, biometric data.
  • Generative AI (GPAI) systems: Large language models and AI systems that generate content.
  • Limited-risk AI systems: Al systems that do not pose significant risks but require transparency.
  • Unregulated AI systems: Al systems for video games and spam filters; should be cautious of privacy issues and potential misuse.

Regulatory Sandbox

  • A testing area for innovations in the financial sector, with close monitoring and supervision.
  • Controlled environment, allowing companies to test innovations, avoiding the complexities and costs of full-scale implementation.

Digital Finance Regulatory Issues

  • Access to and improvements in efficiency of the financial system;
  • Framework for digital financial instruments (cryptocurrencies);
  • Evolution and management of the risks in a world that depends increasingly on software and digital operations
  • A framework to support data access for business purposes and for individual financial services providers.

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Description

This quiz explores the distinction between data and information, emphasizing the significance of each in decision-making processes. Additionally, it covers key policy areas related to the Digital Single Market, including the Digital Services Act, Digital Markets Act, and the European Chips Act. Test your knowledge on these crucial topics in the modern digital landscape.

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