With less than 25 days to go for the GDPR to come into force, there is plenty of action going around, with companies trying to update terms, searching for qualified privacy spicialists, and lots of meetings, in order to be able to comply. With nearly one in four US companies citing complexity as the worst compliance barrier through the rule's official comment period.
The GDPR enforces a set of rights for all EU data subjects, whether the entities collecting and processing their data are based in the EU or not. As we have made clear in past posts these protections are:
The latter is probably the most familiar to Americans - Data Portability - considering the response Facebook had to the the Cambridge Analytica scandal. Often seen as the holy grail of tech trustbusters, data portability is in fact is an area where the market is far ahead of regulators, with many social networks and cloud providers treating portability already as a functional requirement.
Arguably a world leader in artificial intelligence, the EU’s digital market will direly suffer from the diminished ability of European innovators to collect personal data on a large scale to take part in developing the next generation of AI technologies.
Take a look at the complete article that Jorge Gonzáles from Economics21 writes here.
We at IDLink provide a solution to data portability. Find out how we can provide help to your entity. www.idlink.eu