New Data Protection Rules Come into Effect; Complaints Registered Against FB, Google

Facebook and Google at top of GDPR complaints list

As per the new data privacy law of Europe, the companies can process online information if and only if there is a valid reason to valid basis to do so.

However, some Taiwanese lenders would have to do more than their peers, Koo said, noting that the six state-run banks that have branches in Europe would have to appoint data protection officers who report to chief privacy officers and commit additional resources toward information and information transmission security. It focuses on reinforcing individuals' rights; strengthening the European Union internal market; ensuring stronger enforcement of the rules; streamlining worldwide transfers of personal data and setting global data protection standards.

In extreme cases, companies that fail to meet the GDPR requirements could be fined as much as 4% of the annual revenue or up to $26 million.

The regulator will continue under the same leadership until the parliament nominates new members. It also establishes their "right to know" who is processing their information and what it will be used for; and gives them the "right to be forgotten".

At the very least, those GDPR emails clogging your inbox are a useful reminder of all the websites and apps you signed up for years ago and then forgot about. The law will allow users to get their data that is collected by a company deleted, if they so wish.

The new rules require that they have specific justification, such as consent, for using personal information. "That's also a really good thing because if you're doing that, it's not just about getting into compliance with GDPR, it's forcing you to become a better marketer". Twitter's also introduced a new "Your Twitter data" option in the settings menu that reveals how it targets you with different ads based on your interests. By having one rule instead of 28, the EU's data protection reform will help SMEs break into new markets.

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"Therefore, new jobs will be created for professionals skilled in cyber security skills", said Sai Pavan, director of SiriNiti, a cybersecurity services company. GDPR articles 13, 14, 15, and 22, for example, refer to instances of automated decision-making that produce "legal" or "similarly significant" effects.

Echoing the concern over data privacy, Vĕra Jourová, Commissioner for Justice, Consumers and Gender Equality said, "Personal data is the gold of the 21st century".

Facebook has been put under increased control over how it uses the data of users after the scandal with Cambridge Analytica. "When it comes to personal data today, people are naked in an aquarium". A grace period given for companies to adjust their practices in order to comply with the new rules ended on May 25.

The Los Angeles Times, the Chicago Tribune, and The New York Daily News are just some telling visitors that, "Unfortunately, our website is now unavailable in most European countries".

The complaints were filed by four European Union citizens, from Austria, Belgium, France, and Germany.

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