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

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.

Video Source: IDGNS Boston
Article Author:
Video Category: News

Share this video



Comments

Most Popular Videos
5 reasons why PCs are better than Macs: Mac vs Windows PC - which is best? play video

5 reasons why PCs are better than Macs: Mac vs Windows PC - which is best?

What is best: Mac or PC? Here we examine five key areas, and help you to decide if you should buy a Mac or a Windows PC or laptop. (Answer: get a Windows machine.)
watch video »


Nokia Lumia 735 video review: Selfie smartphone is last to wield Nokia logo play video

Nokia Lumia 735 video review: Selfie smartphone is last to wield Nokia logo

We check out the selfie smartphone for Windows Phone users, the Nokia Lumia 735.
watch video »


Pebble Steel video review: The best smartwatch alternative to Android Wear play video

Pebble Steel video review: The best smartwatch alternative to Android Wear

Watch our Pebble Steel video review to find out why it's the best alternative to Android Wear in the smartwatch market.
watch video »




IDG UK Sites

Black Friday 2014 tech deals UK Live: Best Black Friday deals from Apple, Amazon, Argos, eBay,...

IDG UK Sites

Black Friday feeding frenzy infects the UK

IDG UK Sites

VAT MOSS: Will I be affected by the EU VAT changes? Here are the facts for designers and artists

IDG UK Sites

Black Friday 2014 UK: Apple deals, Amazon deals & Black Friday tech offers