It appears that for some, including the biggest names in tech, the possibility of pulling out of Europe over the new Schrems data transfer requirements is not entirely off the table.
Data Protection
Certain types of personal data are very valuable to criminals, and can be very damaging to an individual or business if it falls into the wrong hands. As the world becomes more digital and more connected, more of this sort of data is generated and passed between various sources on a regular basis.
Government regulations and supervisory authorities aren’t just about keeping irresponsible parties in line. They also provide vital security guidance to every type of organization that handles sensitive personal, business or government information.
Data protection regulations also ensure that the end user has a transparent view of and a say in the processing of personal data. These safeguards play a significant role in everything from the preservation of civil rights to ensuring that democratic institutions function properly.
Some types of personal data are clear candidates for regulation: medical records, banking information, national ID numbers and so on. But some of these regulations also cover items that might seem relatively innocuous at first glance: home addresses, email addresses, website profile information and so on. For example, the European Union General Data Protection Regulation (GDPR) has stipulations about anything that is unique to an individual to include phone numbers and social media accounts. People have varying levels of privacy preference with these items, but they are often protected by regulation because they can be used for targeted scams and attempts at identity theft.
Given that regulations often take the size and customer count of businesses into consideration in terms of penalties and the scope of protection of personal data, compliance is particularly important for enterprise-scale organizations. You do not necessarily have to have an active business presence in a country or region; simply storing data on or moving it through servers there may subject you to their data protection rules.
A press release from the Department of Science, Innovation and Technology (DSIT) framed the new UK GDPR draft as a "common sense" reduction of "pointless paperwork" that would save billions of dollars annually.
Italy’s data protection authority has ruled that Google's data transfers to servers in the United States fall afoul of the rules of the GDPR, with the company not anonymizing IP addresses sufficiently.
Equifax breach demonstrates how data breaches are getting bigger and more frequent. Is identity theft protection no longer optional in the digital age?
EU data protection authorities are increasingly taking the position that the internal data that Google itself receives from the Google Analytics tool is in violation of GDPR terms. Sweden's data protection authority is indicating that it might be the next one in line to ban it.
Since June 1, eight U.S. states have either amended or enacted tougher new data breach notification laws requiring notification anywhere between 30 to 60 days. While still a far cry from the 72 hours required under the European GDPR, tougher notification laws will no doubt be adopted around the world.
The EU’s recent negotiated agreement over the A.I. Act is one of the world’s first comprehensive attempts to govern the use of AI. Enforcement won’t kick in until 2025, but IT leaders are already trying to stay ahead lest they risk falling behind.
With July 1 CCPA enforcement deadline fast approaching, have organizations taken the necessary steps to achieve compliance and remain compliant in the future?
While the fine will hardly break either of the two tech titans, the ruling could provide a precedent on data collection that could prove much more costly in the future if applied to everything else made available on app stores.
Data privacy is an issue that draws attention from every corner of American society. There are consumers on the one hand, who are fiercely protective of their digital rights, and the big tech and advertising giants on the other, wielding their massive influence at the expense of ordinary citizens.










