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Financial Services Law Insights and Observations

Irish DPC releases annual report

Privacy/Cyber Risk & Data Security GDPR Ireland Of Interest to Non-US Persons

Privacy, Cyber Risk & Data Security

On February 24, the Irish Data Protection Commission (DPC) released their 2021 Annual Report. According to the report, the EU’s General Data Protection Regulations (GDPR) enforcement efforts have gained “significant momentum” by, among other things: (i) “resolving thousands of complaints”; (ii) “processing thousands more data breach notifications”; (iii) “imposing fines and corrective measures”; (iv) “auditing the gamut of Irish political parties”; and (v) “settling its enforcement action in relation to certain processing elements of the Public Services Card on terms protective of the data rights of citizens generally.” Among other things, the report discussed new data regulation regimes, such as the Digital Markets Act, the E-Privacy Regulation, and the Artificial Intelligence Act, “which demonstrate that the GDPR was never going to resolve all data issues in one single legislative instrument.” The report also outlined the DPC’s regulatory strategy for the next five years, which it released in December and includes placing a focus on mounting “targeted actions aimed at ensuring children and more vulnerable internet users are protected in personal data terms—without shutting off their access.”

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