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Large companies have the means to pay for the manpower (lawyers/consultants, developers, etc) to certify compliance with GDPR. Small companies often don't. I p
by drusepth 7y ago
Large companies have the means to pay for the manpower (lawyers/consultants, developers, etc) to certify compliance with GDPR. Small companies often don't.
I paid $2K for my first GDPR consulting session for a $7K MRR app and was quoted ~$25K for consulting while I would personally implement what needed to be done. $25K is nothing for a large company, but it's prohibitively expensive for a lot of small companies. This cost also doesn't include the (probably hundreds of) man hours required to implement and certify GDPR compliance, which are also disproportionately valued when it's being done by 1 person in a <5 person company versus N people in a >5K person company.
Hopefully these costs will fall as more people become lawfully knowledgable about what GDPR entails and the market of people available to help grows. Unfortunately there's no "feel free to wait if you can't afford it yet" clause in GDPR.
- rjf72 7y agoAnother issue is that as a small company you generally lack the resources to effectively contest violations. Google can, and will, drag these things out in court for years. And ironically for free. Their legal costs are going to be covered by inflation on the fines themselves. 2% inflation on a $1 billion fine reduces it by $20 million a year. And also factor in the interest Google is earning on that $1 billion on top of the 2% 'principal' reduction per year. The whole penalty system is quite silly. The fines destroy small companies who are the ones struggling to comply, and do little more than offer extremely gentle pokes on the wrist for megacorps that have relatively unlimited resources available for complete compliance, if they actually wanted to comply.