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EU privacy law to require opt-in and make data processors share in responsibility

Discussion in 'CSO' started by RSS, Dec 16, 2015.

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    The shape of future European Union privacy legislation is becoming clearer, as lawmakers closed in on an agreement late Tuesday.

    Companies will have to obtain customers' consent before collecting and processing their personal data, and could be fined as much as 4 percent of annual revenue for breaches of the rules. That would put potential penalties for giants like Google and Facebook in the hundreds of millions or billions of euros, compared to the paltry fines of tens or hundreds of thousands of euros that national privacy regulators can impose even for mass data breaches today.

    MORE ON CSO: 6 products that will protect your privacy

    The new laws will also make data controllers -- typically the companies collecting personal information -- and data processors jointly liable in case of misuse. Legislators hope that will cause companies to choose their partners more carefully.

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