by buzz456 » Thu May 24, 2018 8:28 am
Just to give you some idea of the latest insanity from one of our benevolent governments:
The GDPR creates or toughens many obligations for companies, such as minimizing the information they collect. And it gives individuals new or expanded rights including, in many circumstances, the right to see, correct or delete personal information about themselves.
Firms are responsible for showing they are following the rules, and they risk fines of up to 4% of their global revenue or €20 million ($23.4 million), whichever is larger, if they fail to comply. Regulators are unlikely to take a kind eye to tardiness, because enforcement of the law, passed in 2016, was delayed two years to give companies time.
“There was no hidden agenda,” said Andrea Jelinek, who is expected to head a new EU board of national data-protection regulators starting on Friday. “If and how far companies are behind in implementing the law, we will see.”
Business surveys show between 60% and 85% of companies say they don’t expect to be fully compliant by Friday. In March and April, only half of businesses said they were even “largely compliant,” according to a survey of 1,000 businesses conducted by consulting firm Capgemini SE .
Bossa Studios, a London-based videogame company with 90 employees, said it spent “dozens of thousands of dollars” on consultants—who concluded the company was GDPR-compliant and didn’t need to change anything, because it kept only simple data. “It’s quite a complex subject,” Chief Executive Henrique Olifiers said. “Even the consultants are trying to figure it out.”
Buzz
39 and holding.
"Some people find fault like there's a reward for it."- Zig Ziglar
"If you can dream it you can do it."- Walt Disney
