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> Young websites and non-profits cannot afford legal teams. Therefore the risk posed by GDPR is unacceptably high. I was going to post something on the previou
by dvt 9y ago
> Young websites and non-profits cannot afford legal teams. Therefore the risk posed by GDPR is unacceptably high.
I was going to post something on the previous post (re: StreetLend), but I guess I'll say it here: this is a bunch of nonsense. There are plenty of other regulations that can land a young startup in hot water (DMCA, for one, which, by the way, carries a 5-year potential jail sentence as a penalty) and yet we're seeing more tech startups in 2018 than we did in 1998, not less.
This whole hoopla is just posturing.
- throwaway2016a 9y agoDMCA is trivial to comply with compared to GDPR. The two aren't even remotely comparable. PCI is more comparable and it would take roughly speaking 16 years of negligence to rack up the MINIMUM fine for GDPR. As people pointed out you are unlikely to actually get fined. They say only egregious violations will get fined but the risk is huge in comparison so even if there is a 0.01% chance that may be too risky for many businesses.
- AstralStorm 9y agoIs it really trivial though? You can be jailed as an accessory under DMCA for not filtering user content or not responding to takedown notices. (Even if it just was a mail server malfunction.) Compared to this, GDPR is walk in the park mostly identical to current privacy laws in the more aggressively private countries in EU.
- DanBC 9y ago> rack up the MINIMUM fine for GDPR What's the minimum fine for GDPR?
- dvt 9y ago> DMCA is trivial to comply with compared to GDPR. No it's not. Especially when you run a 'social' website like a forum, reddit, 4chan, Twitter, giphy, imgur, etc.