GDPR and the End of the Internet’s Grand Bargain
hbr.org
hbr.org
As the article states, there will be a monetary price to pay in order to implement and then uphold GDPR. The fine is also stated in Euro. If the legislation is made so that it deters companies in first world countries from breaching it, then what is the result for countries like România or Bulgaria where 249 euro is the minimum wage for one third of the work force.
East Europe already has a long history of using pirated software especially when a game or photoshop are the monthly food money.
This move will begin a segmentation of the internet with new Scihub sites popping up left and right that are pirating content from Western sites and making it free with maybe malicious ads in the East.
The privacy regulations will be nonexistent and as the sites will be in Russian, there’s no reason to be targeted for EU citizens.
After Facebook and Twitter being used by Russia to do propaganda, imagine the fun of having the entire eastern bloc trapped in an internet bubble due to commercial reasons from the west. Screw WashingtonPost.. long live Sputnik.
Many large companies do business with Europe. Many of them are implementing GDPR-like controls and/or adopting Privacy Shield. Other US companies doing business with them must adhere to the new vendor controls these US-companies have adopted, or lose that business.
Across the world, (e.g. Singapore, Philippines and Japan) Privacy laws are being re-written to align parts of local law to GDPR.
The US has limited privacy laws generally (e.g. dat breach notification laws in CA and MA), but has adopted specific protections depending on industry (HIPAA for healthcare, GLBA for Banking). More like likely occur.