Facebook's Latest Breach Illustrates The Limits Of GDPR
6.05.2019 | Global Legal Matters | 2319
Another week, another security failure at Facebook. This week’s “bug” allowed the private photos of up to 6.8 million users to be improperly accessible to up to 1,500 different applications built by 876 different developers for nearly two weeks before the company noticed the security lapse and fixed it. Once again the company is merely “sorry this happened” but offering no monetary or other compensation to those users whose trust it violated. As Facebook racks up security failure after security failure, it raises the question of why users should continue to trust it with their data. Moreover, the company’s nearly two month wait to notify data protection authorities after it became aware of the breach, in spite of GDPR’s 72-hour notification requirement, reminds us that GDPR is far more limited than the public understands.
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Europe’s Privacy Rules Are Having Unintended Consequences
6.05.2019 | Global Legal Matters | 2696
In the short time since it was introduced in May, Europe’s internet privacy regulations have apparently dampened venture investment in European startups. Those who have argued the General Data Protection Regulation favors big industry incumbents such as Google and Facebook will enjoy a “told you so” moment — but, all things considered, it’ll be undeserved.
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