In recent news, the EU and US are to begin talks on data privacy as it relates to personal data security. Why? Isn’t online security getting more and more robust? Isn’t transacting online business a safe practice that needs no additional worry on behalf of the consumer?
The answer to those questions, in general, is a resounding “yes”. However, online fraud in the EU is dropping while the US is experiencing a surge in fraudulent online activity. Europeans are obviously concerned and, as outline in a recent article, EU citizens are concerned that Washington is not providing enough oversight to properly safeguard data. Continue reading