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You're highly unlikely to ever be fined or come under official scrutiny. That being said, you may still want to try and comply with the GDPR: 1. It's becoming
by michaelbuckbee 8y ago
You're highly unlikely to ever be fined or come under official scrutiny. That being said, you may still want to try and comply with the GDPR:
1. It's becoming a checkbox buying issue for EU customers. Depending on what data you have, what you're doing with it, the fact that you aren't GDPR compliant may mean that your EU customers aren't GDPR compliant b/c they use you.
2. At some level you should care about the security and privacy of your users and while far from perfect the GDPR is a good general framework.
3. Unlikely is not the same as none. Given the tremendous technical leverage that exists now, it's not crazy to think that even a small SAAS with a couple hundred customers might have tens or hundreds of thousands of personal records. (consider an email newsletter service with 200 customers each of whom have 5,000 subscribers -> 1 million personal records).
If you have a million records on hand and a data breach happens, it's quite likely someone is going to complain and you might suddenly be on someone's radar. Don't take that to mean "omg, if I have a databreach I could get fined for $$$$". Because it's much more like: if you have a databreach and you haven't done a good job securing the data or letting people delete it or have some clear data handling rules and you failed to report the breach you might be in trouble.