The General Data Protection Regulation is a rule passed by the European Union in 2016, setting new rules for how companies manage and share personal data
Thank you to The Verge for putting this little primer together!
I’m sure everyone it as sick of getting privacy policy update emails as I am about now. After watching the video you’ll see why you are though as companies can be fined up to 4% of their global turnover for breaches of the new policy.
In fact, as the GDPR came into affect this morning some already have with both Google & Facebook having cases lodged against them day one by Austrian privacy activist Max Schrems.
The lawsuits against them seeks a combined fine of a lazy 7.2b Euros.