Jim Harvey was quoted in a recent Forbes article detailing the EU’s proposals for “draconian” new data privacy and protection rules, the first revamping of the EU’s data protection legislation in over fifteen years.
“The rules will almost certainly change before adoption,” said Harvey. “But if they’re finally adopted in the current form, they will have a significant impact on the collection, use and movement of personal data inside and outside the EU.”
Among the new proposals are the stiffest penalties yet imposed for a business failing to protect private data. “It is a scary proposition for an innocent victim of a network intrusion,” noted Harvey.
Furthermore, in the event there is a privacy breach, according to the Forbes article, companies would have 24 hours under the new rules to advise all affected parties and the authorities; as Harvey states, this would “make early-stage public relations and crisis communications even more critical.”