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GDPR, four months later: How are businesses and consumers adapting?

by Mark Polino
Director of Client Services, Fastpath, Integrated Business Group

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We’re approaching 4 months under the EU’s General Data Protection Regulation (GDPR) and we wondered how things are going for businesses. Do users have more control? Were companies fined out of business? Did all of Europe ask to be forgotten? Let’s find out.

The news is mix of good, bad, and be patient. No businesses have been fined yet, but it does take time for these types of cases to be reviewed, so that’s not really a surprise. Facebook was only recently assessed the maximum pre-GDPR fine of £500,000 for the Cambridge Analytica mess. That process started well before GDPR took effect and for reference, the equivalent maximum fine under GDPR would have been closer to £1.4 billion.[1]

Though there were no fines, there was a case in Germany where webcams that showed tourist faces were found to violate their privacy. The promotion of tourism was not found to be a legitimate reason for showing identifiable people and tourism could still be promoted by relocating the webcams. The providers chose to take the cameras down instead of repositioning them.[2]

Google and Facebook were sued on day 1 by a privacy group claiming their one size fits all privacy checkbox for a myriad of services is inadequate under GDPR.[3] Given Google’s recent issues with Android tracking privacy this might present a problem for them.[4]

A TrustArc survey in July showed that only 20% of businesses believed ...

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About Mark Polino

Mark Polino is a Certified Public Accountant (CPA) and a former Microsoft MVP (2007-2018) for Business Solutions. He is the author or coauthor of 5 books related to Microsoft Dynamics GP.  Mark also maintains the Dynamics GP focused website DynamicAccounting.net. He speaks and writes regularly about ERP related topics. Mark has been a controller and CFO for a division of a publicly traded company and he has  worked as a consultant implementing ERP solutions. Mark holds additional certifications including Certified Information Technology Professional (CITP), Certified in Financial Forensics (CFF) , Chartered Global Management Accountant (CGMA). Dynamics Credentialed Professional for Dynamics GP 2015 (Core Install and Core Financials), Xero Certified. He holds a bachelor's degree in accounting from the University of Central Florida and an MBA from Rollins College. Mark lives with his family in Florida.

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