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It may be a good idea to not pull such a shitty in an EU country from May 2018. According to the General Data Protection Regulation (2016/679). Appart from reg
by CaptainZapp 9y ago
It may be a good idea to not pull such a shitty in an EU country from May 2018.
According to the General Data Protection Regulation (2016/679). Appart from regular audits you may run into the following consequences :
a fine up to 20000000 EUR or up to 4% of the annual worldwide turnover of the preceding financial year in case of an enterprise, whichever is greater (Article 83, Paragraph 5 & 6[18]).
Ask companies like Microsoft, Volkswagen, Renault, Daimler or Google and they can you assure you that the responible entities don't look kindly at corporate bullshit PR statements, which the likes of Uber seem so fond of.
- malandrew 9y agoThe GDPR is going to be a big blow for the European tech startup scene. For companies in the US, they can just enter Europe once they've addressed its requirements. European companies on the other hand need to implement it from day one. The fine is interesting because it is easy to minimize by creating a subsidiary per country. That very effectively shields annual worldwide turnover.