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God help these companies if they're collecting data on EU citizens. Contrary to what is posted elsewhere here, GDPR applies to: "a company established outside
by bencollier49 7y ago
God help these companies if they're collecting data on EU citizens. Contrary to what is posted elsewhere here, GDPR applies to:
"a company established outside the EU and is offering goods/services (paid or for free) or is monitoring the behaviour of individuals in the EU."
Enforcement might be difficult, but I'm sure that associated entities have interests in Europe as well..
I'm sure it's been fully risk-assessed and they don't do it.
- 14 7y agoA quick DuckDuckGo search shows me that Coinbase has European customers for sure. The article states that the information knew exactly when the person opened the Coinbase app on their phone and the type of computer time and date they changed their password for Coinbase. I have been thinking that the only way they could have that information is if they were given it by Coinbase. I guess sure they could stop and not log anything on European customers but seeing how they are using this as a fraud detection system I feel it is likely they are using it on European customers as well.
- MandieD 7y agoWe American citizens who are EU residents need to get our act together and balance out the disadvantages that come with having a foot on each side of The Pond. Despite being a permanent resident of Germany, I still apparently look like a regular US resident to all the sketchy outfits that send out crappy credit offers - there has to be something useful for humanity that I can do with that.