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Brief
Summary:
The speaker discusses the importance of trust in the financial services sector, particularly in the context of innovative technologies and data protection. The Data Protection and Digital Information Bill (DPDI) is introduced, which aims to provide greater regulatory certainty while encouraging growth and innovation. The speaker emphasizes the need for organizations to prioritize data protection and accountability throughout the development of new products and services. The ICO is committed to supporting innovation while ensuring that personal information is protected, and is actively working with financial services firms to achieve this goal.
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