Hong Kong Privacy Commissioner Takes Action Against Worldcoin for Privacy Breaches

Wednesday, 22 May 2024, 06:32
The Hong Kong Privacy Commission has imposed sanctions on Worldcoin for significant privacy violations, including the immediate cessation of iris and facial scans. The investigation revealed excessive retention of personal data and breaches in data transparency and access rights, reflecting broader global concerns around biometric data privacy. Despite regulatory challenges in multiple countries, Worldcoin's price remains stable, underscoring the ongoing scrutiny on its data handling practices.
https://store.livarava.com/39a24a8b-1805-11ef-a3d0-9d5fa15a64d8.jpg
Hong Kong Privacy Commissioner Takes Action Against Worldcoin for Privacy Breaches

The Office of the Privacy Commissioner for Personal Data (PCPD), Hong Kong, has reportedly completed its investigation into Worldcoin.

The investigation found significant violations of the Personal data (privacy) regulations.

Hong Kong Has Been Probing Worldcoin Since December 2023

According to Hong Kong-based media outlet RTHK, Privacy Commissioner Ada Chung Lai-ling issued an enforcement notice against Worldcoin. The notice demands the immediate cessation of iris and facial image collection using scanning devices.

  • The investigation revealed that Worldcoin's practices in Hong Kong were excessive and unnecessary.
  • The retention of personal data for up to ten years to train AI models for identity verification was deemed excessive.
  • The collection, retention, transparency, access, and correction of personal data were all found to be in breach of the ordinance.
Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe