A new survey conducted by Paul Hastings LLP provides a serious reminder that the cost associated with EU General Data Protection Regulation (GDPR) compliance is staggering, and that to be ready to comply when the regulation goes into effect on May 25, 2018, U.S. companies must act now. U.S. firms in the Fortune 500 will spend an average of $1 million on GDPR compliance technology alone. Currently, only 9 percent of U.S. companies surveyed have purchased new technology and just 34 percent have allocated the appropriate budget to hire the additional staff necessary to meet regulatory demands. The consequences of GDPR violation are immense, with fines of up to $22.4…
United Arab Emirates to introduce new data protection law, a step towards a UAE data protection regime that would provide adequate level protection for the purposes of data transfers from the EU and other regulated jurisdictions.
Pres. Biden to nominate to FTC Alvaro Bedoya, Georgetown Law professor and founding director of GU’s Center on Privacy & Technology where his work has focused on surveillance technologies including facial recognition.
.@DPCIreland to fine #WhatsApp Ireland Ltd €225 million for failure to meet the #transparency requirements of #GDPR Articles 12-14. This fine increases the €30-50 million proposed in the DPC’s December draft decision. https://edpb.europa.eu/system/files/2021-09/dpc_final_decision_redacted_for_issue_to_edpb_01-09-21_en.pdf