Re:StreetLend.com shuts down, citing GDPR regulations
by downandout on Monday April 30, 2018 @02:29AM
(#16956259)
I won’t contue arguing with you, other than to say that what you’re saying flies in the face of everything we have been told after spending thousands of dollars on experts and independently researching the issue for hundreds of hours. If you do a simple Google search, you’ll find that we are not alone in this view, and in fact you may find yourself alone in your view that compliance is easy and costs next to nothing. Chances are quite good that if you thought it was “easy,” you’re not fully in compliance.
I’m confident that compliance is:
- Straightforward for any non-tech firm;
- More complex but not that hard for most tech firms that handle data;
- Far more complex for large organisations than small ones;
- Basically only a real problem for fly-by-night tech companies that want to operate by reselling personal data.
I’m not sure what your motivations are it making it seem disproportionately burdensome to comply with, but I don’t think they’re good.