EU data protection law proposals include large fines
Posted in: Government & Policy at 26/01/2012 19:30
Firms face being fined up to 2% of their global annual turnover if they breach proposed EU data laws.
The European Commission has put forward the suggestion as part of a new directive and regulation.
The new rules include users' "right to be forgotten" and an obligation on organisations to report data breaches "as soon as possible".
The boss of one tech-focused organisation described the proposals as a "tax" on firms holding customer data.