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Re:StreetLend.com shuts down, citing GDPR regulations by Silhouette on Monday April 30, 2018 @08:54AM (#16958150)
That's what they said about the EU VAT changes as well. "How are small businesses surprised by this new rule that comes into effect in under a month? We've been discussing it in committees they've never heard of somewhere in another country for years!"

The reality is that almost all businesses are small businesses, and most businesses are microbusinesses. These sorts of organisations don't have full time resources watching out for potential legal hurdles coming down the line in a few years. Many of them don't have full time resources at all.

It's ironic that a law where one of the main effects is to dramatically increase notification requirements has resulted in barely any media coverage and no notification from any official sources to any of my businesses yet. What media coverage there has been mostly seems to have been prompted by people being surprised by the sudden wave of privacy-related emails. So, how is this not going to be a surprise move for millions of small businesses if no-one did anything to tell them about it?

Re:StreetLend.com shuts down, citing GDPR regulations by phatfish on Monday April 30, 2018 @09:42AM (#16958483)
Please, I work for a "small" business and the management have been going on about it for months.

If you run a business and were not aware of GDPR then you incompetent or employ people who are feeding you bad information.

Seems like these businesses who are not "aware" of it are exactly the type that would have other bad practices that will leak personal data of their customers.

Re:StreetLend.com shuts down, citing GDPR regulations by Silhouette on Monday April 30, 2018 @10:43AM (#16958916)
If you run a business and were not aware of GDPR then you incompetent or employ people who are feeding you bad information.

Why? Most businesses are very small and don't have any sort of in-house legal team, and won't go actively looking for expensive external legal advice if they aren't aware that they have a need to.

Seems like these businesses who are not "aware" of it are exactly the type that would have other bad practices that will leak personal data of their customers.

That is an entirely unfounded assumption. There is literally no relationship between being technically competent in protecting personal data, having a positive attitude towards respecting privacy, and being aware of new laws coming out of the EU.