Earlier quoted context omitted.
There is nothing - and I do mean nothing - written into the GDPR that requires any warnings of any kind, or places any limits on fines, except for $10/$20 million or 4% of revenue, whichever is greater. Period. A multimillion-dollar fine without warning for a first, minor violation is perfectly lawful under GDPR. The idea that "yes it says that but we can trust EU regulators to not assess large fines against foreign…
> A multimillion-dollar fine without warning for a first, minor violation is perfectly lawful under GDPR Come on, this is just scaremongering. Newsflash: If you run a business, you are already responsible for adhering to hundreds of other laws in which the fines could reach millions. But you don't see people running around screaming that the world is ending, because they know that the laws will generally be applied f…
Source please?
> If you are going to crank the anxiety to 10 every time a situation like this occurs, you probably shouldn't be running a business or handling others' data in the first place.
I'm not running one right now. It's not the situation that give me anxiety, it's just that it no longer seems interesting to support European customer for a potential business if that imply that I risk that much over their information. They just removed a big bunch of potential customer for a potential company. I would already try my best to limit the amount of PII but there's many time you just can't.
I'm from Quebec. Here we have laws over lottery. You know what it imply? If you make a lottery here in Quebec, you need to follow some simple regulations (I personally know people that did it essentially for fun (not for profit)) so they are pretty easy to follow, and pay the taxes for the winner. You know what I had to endure each time I went on an online contest, a broad exclusion because it was just not worth it to follow theses regulations. It's crazy the number of contest where you could literally do CTRL+F "Quebec" in the rule and find our little province (nowadays I see more of "where law forbid it" or stuff like that, but I haven't try to participate for a long time on a contest either).
Do theses companies had too much anxiety for our regulation? None at all, they were some multi billions companies that did this. It was just not worth it.