StreetLend.com shuts down, citing GDPR regulations

Re:StreetLend.com shuts down, citing GDPR regulations by pdimitar on Sunday April 29, 2018 @09:34PM (#16955083)

Exactly. Even if you win, you won't win anything of much value -- most (if not all) of the money will likely go to your lawyer. And you have a lot to lose, mostly wasted nerves and time you could have spent improving your business -- or simply living your life stress-free.

Defending even from bogus lawsuits is a huge expense of human energy for the non-experts (I'd wager that's 99% of the world's population).

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Re:StreetLend.com shuts down, citing GDPR regulations by drey08 on Sunday April 29, 2018 @09:48PM (#16955132)

We're a medium-sized software company, and we had to create a dedicated GDPR position so someone can look into everything and decide whether we're GDPR-compliant, and if not, how we can fix it. GDPR really complicates everything, even though most uf us (devs) are actually in favor of it (because we don't really like the idea of companies tracking us forever).

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Re:StreetLend.com shuts down, citing GDPR regulations by riffraff on Monday April 30, 2018 @02:27AM (#16956255)

article 12 accounts for this, the DPA can refuse to act or fine a reporter if the request is unfounded or abusive.

Maybe as a countermeasure for abuse it's too small, but it's not a totally absent concern.

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