The EU is revamping its data security statutes, why should Texas care? Because E.U. courts have taken a very libertarian and conservative view to protect personal information.
Did the EU take any actions that might translate to Texas? Yes, 4 Points to consider:
- Stronger requirements for obtaining consent to collect/store data
- Memorializing the “right to be forgotten”.Sounds an awful lot like the Texas Do Not Call List.
- 72 hour noptification requirement for comapnies to notify the EU of a breach
- Fines up to 4% of a company’s global revenue for its non-compliance
National Law Review | EU Finalizes Text of New General Data Protection Regulation