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A comment on Adobe To Pay $1M For Data Breach, Bolster Security, North Carolina AG Says.

Re:Adobe To Pay $1M For Data Breach, Bolster Security, North... by mjul on Wednesday November 16, 2016 @05:04AM (#12965752)
The extraterritorial EU General Data Protection Regulation (GDPR) sets fines of up to 4% of global annual revenue for companies not sufficiently protecting the personal data of EU citizens from May 2018 and onwards (with a cap of 20 million EUR).

The requirements for compliance are absolutely non-trivial, so I suggest that startups (and older companies) start designing compliance and privacy into their business processes and systems already today.

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Re:Adobe To Pay $1M For Data Breach, Bolster Security, North... by mbrookes on Wednesday November 16, 2016 @07:16AM (#12966313)
EUR20m isn't a cap - the fines are up to EUR20m or 4% of annual worldwide turnover, whichever is higher.
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