Starting next month, EU privacy regulators will get the power for the first time to fine companies as much as 4% of global annual sales under powerful new data-protection rules. “The dramatic revelations of the last few weeks can be seen as a game changer in data protection,” Denham, the UK Information Commissioner (ICO), said at her agency’s annual conference for data-protection practitioners. The ICO has been reviewing the use of data analytics for political purposes since May 2017 and is now investigating 30 organizations, including Facebook, Denham said. Starting next month, EU privacy regulators will get the power for the first time to fine companies as much as 4% of global annual sales under powerful new data-protection rules. Italy’s privacy watchdog will meet on 24 April with Stephen Deadman, Facebook’s deputy chief global privacy officer, as part of a local investigation into the scandal.

Source: Mint April 09, 2018 11:15 UTC