The GDPR was approved and adopted by the EU Parliament in April 2016. The regulation will take effect after a two-year transition period and, unlike a Directive it does not require any enabling legislation to be passed by government; meaning it will be in force May 25 2018.
The first question we are asked is:
Does this apply to me?
The GDPR not only applies to organizations located within the EU but it will also apply to organizations located outside of the EU if they offer goods or services to, or monitor the behavior of, EU data subjects. It applies to all companies processing and holding the personal data of data subjects residing in the European Union, regardless of the company’s location.
Penalties if you are not complaint will reach 4% of your global business.
What it covers:
Any information related to a natural person or ‘Data Subject’ that can be used to directly or indirectly identify the person. It can be anything from a name, a photo, an email address, bank details, posts on social networking websites, medical information, or a computer IP address.
If this applies to you then please visit, https://www.eugdpr.org/eugdpr.org.html. Google has already sent message to many businesses. Everyone is trying to get the word out to be sure they are compliant.
Net Neutrality is about to change. Under the Obama administration, Net Neutrality meant that everyone delivered data at the same rate of speed. Now making companies like Verizon, Comcast and AT&T “common carriers”, they will be able to throttle the speed of any site that want to. Companies like Netflix and Amazon Prime would be slowed down on streaming video delivery unless they pay a higher fee. Like every other additional charge, it would be passed on to us.
According to Wired, “AT&T and Verizon used data limits for anticompetitive purposes, effectively ruling that the two companies could exempt their own video services from customers’ data caps but still charge for data used by their competitors’ services.”
The internet is the golden goose that has not truly helped the feds as much as they wanted. This could increase taxes to the fed once service providers are called “common carriers”. The fed would tax the additional service through the FCC like our phones for additional fees. An example of this for my firm is Vimeo. Right now we pay around $400.00 per year to stream client content. This ruling would likely double the fee and add new levels to subscription fees. Not everyone likes the commercial aspect of YouTube and prefers the control Vimeo gives them. It will cost more to keep this standard. How much more will you have to pay for that Netflix movie?
These changes could happen as early as next year. So be ready to pay more.
COO, NetCetra LLC
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