No, it's not: it's the government's fault for passing an over-large law.
No, it's not: it's the government's fault for passing an over-large law.
I mean, it's not like businesses worry too much about people's livelihoods when they lay them off. It's just a business decision and the laid off person needs to deal with the realities of the situation. Now, business owners need to do the same when it comes to the GDPR decision.
If you tally the score today, I think it's a win. A few companies may have folded, but a billion or two users have gained a little more insight and control over how data about them is used. But like I said, it's too early to be very confident about this.
Up to 4% or 20Mill. A small startup won't get slapped with that size of a fine. If you are worried about those numbers, you should be able to hire a lawyer and ensure you are in compliance.
So the fine is in range(0 ... max(4% gt, 20M))
Ok?
The absolute maximum available is 4% or €20m, whichever is higher, but the actual fine imposed is always going to be less than this. We know this because after 20 years of existing data protection law the maximum fines have never been imposed.
If you are worried about being subject to a twenty million dollar fine, then you can probably afford to hire a lawyer to respond to the multiple warnings you will get before any fine is levied.
The environment affect EVERYONE, it's important to protect it because of that. It's a single entity that affect everyone. It's funny because it's exactly the opposite of GPDR, which is a single entity (the one that gave the information to the company) that affect everyone (every potential customer of a company).
GDPR just shift the blame over corporation instead of the one that gave the information in the first place. It shift the fear toward them instead of the one actually responsible for sharing it in the first place.
I'm happy that GDPR will push company to keep less information, there so many website I avoided because they asked for information I didn't want to give, but that's an issue that many website already solved (because that friction was making less user too). What it did bad is add confusion.