We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

Video: EU data protection proposes big fines for businesses

The European Commission announced a data protection bill this week that it hopes will safeguard citizen's online privacy. In what Justice Commissioner Viviane Reding calls a “one stop shop,” the policy would enforce a single set of rules for the entire EU rather than individual rules in each member state.

 

The plan would require companies with more than 250 employees to hire a data-protection officer to monitor compliance with the new rules and report any serious data breaches to authorities and affected citizens within twenty-four hours.  Companies must also adhere to the controversial “right to be forgotten,” which allows people to request data be deleted if there are no grounds for retaining it. Penalties can result in million dollar fines or up to two percent of a company's revenue. 

Most start-ups and small businesses with fewer than 250 employees will be exempt from appointing a data protection officer and they won’t be required to produce reports of their data protection policies in most cases.  In this public service announcement put out by the European Commission, it likens the lack of online data protection to walking around naked.  Wednesday's announcement, however is just the first step in a long process as the proposals must still be approved by E.U. member states and the European Parliament.


IDG UK Sites

Acer Aspire R11 review: Hands-on with the 360 laptop and tablet convertible

IDG UK Sites

Apple Watch release day: Twitter reacts

IDG UK Sites

See how Framestore created a shape-shifting, oil and metal based creature for Shell

IDG UK Sites

Apple Watch buying guide, price list & where to buy today: Which Apple Watch model, size, material,?......