Re:StreetLend.com shuts down, citing GDPR regulations
by s73v3r_ on Monday April 30, 2018 @03:59PM
(#16961715)
"Nothing about the gdpr solves the problems of companies having insecure systems that _leak_ user data."
Requiring disclosure of a breach within 3 days of it happening, as opposed to the several months that is commonplace now, is a big help.
"I also don't believe that data about me is data I own."
Everyone disagrees on this point. Right now, Europe says the opposite.
"also a giant burden on companies that fundamentally changes how the industry has worked"
Good. Currently the industry is geared to suck up every last bit of user data like a vacuum, regardless of whether it's actually needed, so they can sell it. This has gone on for far too long, and I'm glad to see the industry hopefully move away from it.
Requiring disclosure of a breach within 3 days of it happening, as opposed to the several months that is commonplace now, is a big help.
"I also don't believe that data about me is data I own."
Everyone disagrees on this point. Right now, Europe says the opposite.
"also a giant burden on companies that fundamentally changes how the industry has worked"
Good. Currently the industry is geared to suck up every last bit of user data like a vacuum, regardless of whether it's actually needed, so they can sell it. This has gone on for far too long, and I'm glad to see the industry hopefully move away from it.