EU REVIEWS PRIVACY LAWS
25 Jan, 2012
The European Union (EU) is clamping down on privacy violations, revealing a review of data protection laws.
This will be the first time that the EU’s Data Privacy Directive has been updated since 1995, and proposed changes include large penalties for breaches of the law of up to €1 million, or up to 2% of the global annual turnover of a company.
The review is aimed to tackle companies such as Google and Facebook in relation to the way in which they collate data for financial purposes. Examples of the changes proposed by the review include ensuring companies delete the user data upon the user’s request, and a requirement for companies to report data breaches within 24 hours of becoming aware of such a breach.