Trouble For Tech Giants As EU Harshens Customer Data Handling Practices With Strict Compliance Of GDPR
Since May of 2018, we’ve been hearing a lot about the GDPR and how it
would really be a game changer for top tech giants in the industry that
function in Europe.
Any organization that falls under the likes
of the EU and takes care of customer data handling would need to comply
with the likes of the GDPR. And in case they don’t, well, they would be
required to face serious prosecution that comes with the great burden of
financial penalties.
But the task linked to issuing such fines
and keeping businesses disciplined has often been put on the shoulders
of their respective local governments. This is very true in places like
Ireland where firms like Meta are undergoing operations under Ireland’s
law. For this reason, what we observe is a massive delay in penalties
and processing of financial punishments like fines. And what you get is a
bottleneck and a poor means of forcing regulations.
But with the
new reports coming forward today, the European Commission claims it’s
super keen on changing things for the better. It has made it a big
requirement for various regional governments to send forward reports
linked to how investigations about GDPR violations are taking place six
times each year. Moreover, such reports provide overviews of
bigger-scale investigations and those taking place across the border.
This entails both timelines and steps of the procedures involved.
The
mightiest impact would be in those nations that have big tech giants
operating across the border such as France, Ireland, Netherlands, and
even Luxembourg. The governments here would be accountable in terms of
how they plan to progress with their respective investigations regarding
the failure of compliance with the GDPR in place.
Today, the
Irish Government argues how it’s so hard to process such huge complaints
that they receive on a routine basis. They even mention how such claims
tend to become so complex and need a lot of investigation. This is
without even considering how there are plenty of cross-border issues
that are received on a routine basis.
The EU is very firm on its
words and it has punished a lot of tech companies in the past for not
abiding by its rules and regulations. Therefore, we can easily see why
leading organizations would be looking at this very seriously.
H/T: WashingtonPost