Good time to be a contractor who knows about GDPR compliance
Tech Giants Brace for Europe’s New Data Privacy Rules
11–20 of 55 posts
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#12> If companies do not comply, they could face fines totaling 4 percent of their annual revenue. I am curious on how did they arrive at the 4% cap?
I'm just glad it is based on revenue instead of profits. I think corporate taxes should be the same way. I imagine the four percent had to be large enough to motivate compliance without scaring people away and further fueling anti-EU sentiment? I'm just speculating.
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#13Good time to be a contractor who knows about GDPR compliance
In what way? Genuinely curious - what sort of technical work needs to be done that requires actually knowing the regulation? I'm asking because I got my law degree with the idea that I would combine tech skills with knowledge of the law, but I never really found an angle to make that work.
With internal audit you're generally overseeing the compliance folks (from a distance), as a compliance person you're more often implementing the technology yourself. Another role to look into is risk management. All of them are a small step back from "hard" IT like sysadmin or programming and getting more into the people and process side of the IT house.
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#14Good time to be a contractor who knows about GDPR compliance
In what way? Genuinely curious - what sort of technical work needs to be done that requires actually knowing the regulation? I'm asking because I got my law degree with the idea that I would combine tech skills with knowledge of the law, but I never really found an angle to make that work.
But with regards to your point about having a law degree - I'm not sure where you're based but a qualified solicitor with a specialism in cyber law and data protection here in the UK will be set for a while. The GDPR enforcement date is a cash cow for consultants, but for lawyers this is just the beginning.
Edit: After seeing what freehunter posted at the same time as me - If you don't want to go through the hassle of becoming a qualified solicitor, then compliance is definitely a way to go. GDPR sets out a requirement for organisations to employ 'Data Protection Officers' so if compliance/risk management is of interest to you then the compliance ladder is pretty solid.
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#15Earlier quoted context omitted.
I'm just glad it is based on revenue instead of profits. I think corporate taxes should be the same way. I imagine the four percent had to be large enough to motivate compliance without scaring people away and further fueling anti-EU sentiment? I'm just speculating.
What anti-EU sentiment? The only anti-EU sentiment inside the EU comes from populist politicians and the people who vote for them, who have no idea how the EU works. And what non-EU entities think is, frankly, irrelevant.
Allow me to introduce you to https://en.wikipedia.org/wiki/Brexit
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#16Good time to be a contractor who knows about GDPR compliance
In what way? Genuinely curious - what sort of technical work needs to be done that requires actually knowing the regulation? I'm asking because I got my law degree with the idea that I would combine tech skills with knowledge of the law, but I never really found an angle to make that work.
It's not just GDPR, but lots of other EU regulations this year that are having large impacts on tech systems (e.g. in the financial world), and being across those is valuable.
Perhaps you won't get your hands dirty on actual code, but technical implementation of regulation is a lucrative field (or, at least, this phase of "oh shit we need to do something" is).
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#17Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#18Earlier quoted context omitted.
What anti-EU sentiment? The only anti-EU sentiment inside the EU comes from populist politicians and the people who vote for them, who have no idea how the EU works. And what non-EU entities think is, frankly, irrelevant.
>What anti-EU sentiment? Allow me to introduce you to https://en.wikipedia.org/wiki/Brexit
Already noted.
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#19> If companies do not comply, they could face fines totaling 4 percent of their annual revenue. I am curious on how did they arrive at the 4% cap?
I'm just glad it is based on revenue instead of profits. I think corporate taxes should be the same way. I imagine the four percent had to be large enough to motivate compliance without scaring people away and further fueling anti-EU sentiment? I'm just speculating.
This would be a value-added tax levied at every step in the supply chain. It's a bad idea because it favors large, vertically integrated companies.
Re: Tech Giants Brace for Europe’s New Data Privacy Rules
#20Good time to be a contractor who knows about GDPR compliance
In what way? Genuinely curious - what sort of technical work needs to be done that requires actually knowing the regulation? I'm asking because I got my law degree with the idea that I would combine tech skills with knowledge of the law, but I never really found an angle to make that work.