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October 28, 2022

Concord Privacy News: 10/28/22

Concord Accepted into Creative Destruction Lab; Cybersecurity Awareness Top of Mind This Month.

Concord Selected to Participate in the Creative Destruction Lab Program

Through a competitive process, Concord was accepted into the Creative Destruction Lab (CDL) program at the University of British Columbia. The CDL program involves mentorship from select entrepreneurs and angel investors, opportunities to raise capital, advice on technology roadmaps from CDL’s Chief Scientists, and business development support from top students. CDL participants work with these mentors to sharpen objectives, prioritize time and resources, raise capital, and engage with experts working on the frontiers of research.

“Our admission into the CDL program reinforces that Concord’s core concept - that people should have direct ownership and control of their data and that, when they do, both people and companies benefit - is one that warrants earnest consideration for widespread adoption,” said Concord CEO Dashiell Lavine. “We are pleased to join the program and want to thank CDL for our acceptance and the work we are about to embark upon together.”

Leaders from Concord began a series of five in-person objective-setting sessions this week, with the final session being completed by June. The goal is to learn from the insights of experienced entrepreneurs, increasing the probability of success in terms of company growth and scaling — especially as Concord looks to expand its product offerings into the Web3 space.

It’s Never Too Late to be Cyber Secure

Even as National Cybersecurity Awareness Month wraps up, it’s not too late to take steps to protect yourself online. Today we are connected to our smartphones or a computer wherever we go; because of that our world is becoming increasingly dependent on cybersecurity.

You can greatly increase your cybersecurity online, at work, and at home by taking a few simple steps: Think Before You Click—Recognize and Report Phishing, Update Your Software—Use Strong Passwords, and Enable Multi-Factor Authentication.

This month is also a good reminder for companies to focus in on data privacy. Complying with data privacy regulations and protecting your users’ data is simple and smart. Visit Concord.Tech today to learn more and sign up for a free account.

Other Privacy News of Note

Texas Sues Google Alleging Biometric Data Collected Without Consent

Google is facing a lawsuit over alleged biometric data privacy violations from the State of Texas, after Attorney general Ken Paxton filed a suit accusing the tech giant of failing to gain proper consent from people whose personal information it has been collecting. Read More

Drizly Agrees to Tighten Data Security After Alleged Breach

Alcohol delivery app Drizly has agreed to tighten its data security and limit data collection to resolve federal regulators’ allegations that its security failures exposed the personal information of some 2.5 million customers. Read More