The EU's new GDPR privacy law explained (CNET News)
The EU's new GDPR privacy law explained (CNET News)
2018-05-25
the gdpr or general data protection
regulation is a new law that lets you
residents have more control over their
personal data it lets them request all
the data that a company has collected on
them it also lets them ask a company to
delete all that data and it requires
companies to tell you residents within
72 hours of a data breach that affects
their data the gdpr
applies to EU residents and any company
with a digital presence in europe is
required to comply with it so that
includes companies all over the world
including tech giants like Facebook
Google Microsoft and Apple the law
doesn't apply to people outside the EU
some companies like Microsoft and
Facebook have said that they will apply
the gdpr s protections to all people who
use its products and that will probably
affect how those companies use their
data but it doesn't mean that you have
the protection of that law if you're
outside the EU so you can't file any
formal complaints or bring down any
regulatory action on the companies
unless you're inside the EU companies
that violate the gdpr
can face very high fines they go up to
as high as 20 million euros or 4% of the
company's annual revenue from the year
before it does remain to be seen how
high those fines will go in real life
when countries begin to enforce the law
you
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