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The medical industry is a decent analogy though. Highly regulated, high barrier to entry. Which is bad. Overall though, probably better than a free-for-all (e.g
by guitarbill 9y ago
The medical industry is a decent analogy though. Highly regulated, high barrier to entry. Which is bad. Overall though, probably better than a free-for-all (e.g. Theranos), as we've learned from several millennia of humans being awful or incompetent.
God forbid we try and apply some of those ethics to IT. (Europe is big on privacy, again a somewhat hard-learned lesson.)
- AmericanChopper 9y agoExcept that approach ignores the nature of risk. The impact of getting a drug wrong is catastrophic, the impact of disclosing some PII is far less. This impact also decreases proportional to the size of the organisation, unlike the regulatory burden. To compare PII to medicine is trying to invoke an emotional reaction, not a reasoned one. I don’t think this regulation is well designed at all, I don’t even think it’s going to achieve half of what it’s trying to do. But it will achieve increases compliance costs to pretty much every company, costs that will put startups at a serious disadvantage to established companies. Europe thinks they’ll have some protection by claiming every company in the world must comply, but only time will tell how that will work out for them.
- guitarbill 9y agoFirst, European law works differently, and the way we write laws is different. You can't interpret them in the context of the US law system, where everything must be ultra-explicit and overworked. Also, only regulators can levy the fines/sanctions, they don't result from law suits from individuals. Second, Europeans take privacy serious, and it's a right for us, similar to free speech in America. Also, while not as bad as some medical risks, identity theft is not fun. But, yeah, the risks are different, and the GDPR is pretty mild compared to medical laws, no? I mean in Europe, you can't advertise prescription drugs. Third, Europe is not claiming every company in the world must comply. But if you're mad at governments overreaching, maybe you could sort out the requirements FATCA/US tax law puts on foreign banks, or the US attempting to extradite "cyber criminals" before you get to the GDPR?
- AmericanChopper 9y agoI am not personally the federal government of the US, so I’m not sure why you’re directing that whataboutism at me. However, comparing identity theft to death or permanent disability is not equivalent no matter which way you look at it. In any case, none of that responds to any of the points I made. The EU does think this regulation applies to every company in the world (unless you can somehow prove you don’t handle any EU data subjects data - which almost no company could do). One of the reasons being that they don’t want to only hamstring European company’s with it, as that would be a very poor strategic move for their markets. How enforceable this ends up being is entirely unknown at this point, and you can bet there’ll be a lot of legal challenges ahead regarding this.
- guitarbill 9y agoI'm making the point government "overreach" or whatever you feel it is happens daily, and IMO, GDPR is the least inappropriate of those. I would imagine it's incredibly easy for many US companies, like e.g. a restaurant or a tire-repair shop to prove they don't explicitly go after EU subjects. Since I was elaborating on how the EU and EU nationals feel like the GDPR is appropriate in addressing the risk of privacy violations - which part of that did you feel like didn't address your comment of "Except that approach ignores the nature of risk"?
- AmericanChopper 9y agoI think you’ve misunderstood how GDPR works. If you handle the PII of a single EU data subject, then you are in scope for it, regardless of whether you intentionally solicit EU customers or not. Even a small restaurant or auto shop is likely to have a mailing list, or a CRM, or other records containing PII. It would be almost impossible to prove they don’t have a single piece of EU PII. This does completely ignore the nature of risk, because it does not consider impact at all, which traditionally accounts for 50% of total magnitude. A SaaS company with 50 customers has to comply with exactly the same set of regulations as Google does, and faces €20,000,000 fines, regardless of the fact that the small company poses a quantifiably smaller risk to PII. There’s also an argument to be made that the small company is less likely to become the target of a sophisticated attack, as an adversary is much less likely to invest huge amounts of effort into breaching a small set of PII.