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So companies that are careless with personal data and get hacked get out of business? That sounds like a benefit! Within small companies, it's now easier to pu
by rmc 9y ago
So companies that are careless with personal data and get hacked get out of business? That sounds like a benefit!
Within small companies, it's now easier to push for proper data security, for not being careless. "Boss, I know it'll slow down our release, but if we don't do it, we could go bankrupt!"
- unethical_ban 9y agoIf I don't have a server in your country, I shouldn't be in your jurisdiction. And as for ANY regulation, progressive enforcement should be the norm. We shouldn't expect the same level of data security from John Buckley's local tool supply that we expect out of Amazon.
- falcolas 9y agoIf you don't want to be in their jurisdiction, don't do business in their jurisdiction. If you do business in their country, why would you not be subject to their laws?
- brainwad 9y agoIf I do business in, say, Australia, but Europeans fly to me to purchase my services, am I then bound by European law? The internet is basically the same deal, no?
- philipov 9y agoIt is obviously not the same.
- kolinko 9y agoFun fact - Americans invented this concept. If you're doing anything fintech with a citizen of U.S., you have to uphold to certain regulations invented by the U.S.A. Even if you're doing it on European grounds.
- deleted 9y ago[deleted]
- ensignro2340 9y agoNo.
- SmellyGeekBoy 9y ago> If I don't have a server in your country, I shouldn't be in your jurisdiction. Ha! Try telling that to the Americans ;)
- rmc 9y agoFacebook almost certainly has servers, and subsidiaries, and staff in the EU
- laumars 9y agoThey do currently but it's sounding like they might not for much longer: Facebook moves 1.5bn users out of reach of new European privacy law https://www.theguardian.com/technology/2018/apr/19/facebook-moves-15bn-users-out-of-reach-of-new-european-privacy-law https://www.theguardian.com/technology/2018/apr/19/facebook-...
- s73v3r_ 9y agoWhat makes you think progressive enforcement is not going to be the norm here?
- dwild 9y agoI'm from Quebec, I can nearly never play contest for a simple reason, if I win, they have to pay taxes over the winning for me. That's not much and the likelihood that I win is still low, yet that amount scared them enough to ignore me in most contest. I feel like that's going to be more an incentive to ignore EU resident if the fees are that high. Even with a huge security budget, mistakes are made, is it worth it to risk that much cash? Check any gaming console, they have a pretty big incentive to keep the security pretty high, yet failed to do it so often.