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DATA PROTECTION: Why big data has made your privacy a thing of the past
06 October 2013
"The idea behind the proposed new general data protection regulation (GDPR) is to extend controls to foreign companies that process the personal data of EU citizens. The draft regulation proposes a strict compliance regime with fearsome penalties (up to 2% of worldwide turnover) for infringement. Personal data is defined as "any information relating to an individual, whether it relates to his or her private, professional or public life. It can be anything from a name, a photo, an email address, bank details, posts on social networking websites, medical information or a computer's IP address.""
See the full article:
Why big data has made your privacy a thing of the past - Despite the efforts of European regulators to protect citizens' personal data, predictive analytics has made it too easy to piece together information about individuals regardless of the law (The Observer, link)