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> they've been advised that because they have an email subscription, they'd need to hire a full time DPO, and their outside counsel quoted them several thousand
by seszett 8y ago
> they've been advised that because they have an email subscription, they'd need to hire a full time DPO, and their outside counsel quoted them several thousand dollars a year.
I think a large part of the scare that can be observed among American companies is due to legal advisers jumping on the opportunity to make big money by misleading their customers into thinking there are enormous, complicated and unlikely requirements for compliance, and huge risks to making any mistake.
- repolfx 8y agoThere are in fact enormous, complicated and unlikely requirements for compliance and huge risks to making any mistake. The risk to making mistakes: fines of up to 4% of your turnover, in the worst case. As many companies have margins below this, it means losing all your profit for a year or more. As for the rest, the vastness and vagueness of the GDPR has been extensively documented elsewhere. Bear in mind the EU Commission itself was immediately found in repeated violation of the GDPR just via their own website once the law activated. Their answer was that they themselves didn't have to comply with it.