General

Top 3 predictions on cybersecurity for 2019

Cybersecurity represents a major risk for companies that will need to change their approach on security in 2019, also in relation to M&A transactions, and corrective actions might include a cyber risk insurance coverage according to our predictions.

According to a report published by Accenture, the average cost of cybercrime per organization in 2017 increased to $ 11.7 million, with countries like the US reaching $ 21.22 million. Such a cost was also considerable in Italy where it reached $ 6.73 million.

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Top 3 predictions for life sciences in 2019

The Life Sciences industry operates in one of the fastest and most innovation-driven environments. 2018 has witnessed significant developments in technology and therapeutic practices. A number of new cell and gene therapies – including the first two CAR-T therapies for cancer – received EU approval, and both disruptive and ‘new mainstream’ technologies (such as AI) made significant steps forward into the sector.

The pharmaceutical and medical device sectors are also among the most heavily regulated. Life Sciences companies face significant challenges in managing regulatory compliance in an environment where regulation constantly evolves. Moreover, the sector moves so fast that it is hard for regulation to keep up with the pace of technological development.

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Top 3 predictions on new tobacco products and e-cigs

Since their first placing on the market, electronic cigarettes – better known as “e-cigs” – and novel tobacco products (“NTPs“) have been a controversial topic of discussion.

Due to the proximity of e-cigs and NTPs with traditional smoking products, lawmakers have had to deal with great issues involving not only authorization requirements and procedures but also issues concerning boundaries in advertisement, taxation and how to address problems such as underage smoking.

Directive 2014/40/EU sets out the general legal framework for NTPs, e-cigs and e-liquids (nicotine and nicotine-free liquids meant to be vaped) in the European Union. In Italy, the latter has been implemented by means of Legislative Decree 6/2016, which has already seen a number of amendments in roughly three years of life.

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Top 3 privacy predictions for 2019

2018 brought us considerable changes in the data protection world. The EU General Data Protection Regulation No. 679/2016 (GDPR) finally became applicable, introducing in the privacy law context its expected innovative principles and rules. But as soon as the GDPR entered into force, the EU Member States began to think about the adequacy of their national legislation. As a consequence, most of EU countries decided to adopt a new local legislation in order to review, amend and, therefore, adequate their local laws to the newcomer GDPR.

But what will happen in the next 12 months? Here our personal predictions on privacy legal issues for 2019.

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The Italian competition authority fines Facebook EUR 10million for unfair commercial practices

With a decision published on December 7th 2018, following an investigation launched in April 2018, the Italian Competition Authority has fined Facebook Ireland Ltd., and its parent company Facebook Inc., for engaging in two unfair commercial practices in violation of the Italian Consumer Code.

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Loot boxes reviewed by the US Federal Trade Commission and in Australia

The Australian Senate Environment and Communications References Committee advised the Australian Government to undertake a comprehensive review of loot boxes within video games. The report published by Australian Authorities noted that loot boxes are “not a homogeneous entity” and there are many different iterations of the mechanic.However, a range of stakeholders, including regulatory agencies and academics, referred to the committee that loot boxes should be assessed on a case-by-case basis. In this respect, it should be considered that there are a number of types of loot boxes available in video games.

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The Pros and Cons of the new EU Geo-Blocking Regulation

Everyone knows that State frontiers were a serious challenge to the exchange of products and services within the European Union. Then, after reaching the so-called Schengen acquis, Member States managed to tear down internal borders and ensure a well-functioning circulation of products over the Union. The new EU Geo-Blocking Regulation is a further step towards the freedom of services throughout the European Union.

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What data protection concerns after Brexit withdrawal agreement

The Brexit withdrawal agreement might have considerable privacy law related consequences on the flow personal data between the EU and the UK.

Here is an update after the publication of the Brexit withdrawal agreement. This article is based on the post published on Privacy Matters blog by my colleagues Andrew Dyson and James Clark.

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