Under EU data privacy laws under consideration, companies like Google and Microsoft will be hit with fines that could top $1 billion USD.
The proposed laws follow a series of negligible fines received by both companies that Viviane Reding, the EU’s justice commissioner, dismissed as “pocket money.”
Indeed I have said as much in this space.
Earlier this month, Google was fined $20
When will people learn that Google feels that it is above the law and, if you don't like it, too bad. Seriously, when is the last time you read one of these stories that ended with Google saying "No problem, we will respect the laws of your state / country. Sorry about that!" Ummm, never.
Australians should have their rights to online privacy enshrined in legislation, according to a new Parliamentary report. Offenders would then risk being taken to court and sued for violating the privacy of their victims or collecting too much personal data.
Despite storing the personal data of its customers without informing them via its privacy statement, the Australian privacy Commissioner has no ability to impose any penalty whatsoever upon Lush Cosmetics.