From: InformationSecurityBuzz.com
Even given the recent Facebook/Cambridge Analytica scandal, Mark Zuckerberg just announced that the social media platform won’t apply the stringent new European data privacy law regulations globally — for now, at least. Francis Dinha, CEO and Co-Founder at OpenVPN commented below.
“As a CEO, I understand Zuckerberg’s hesitation to immediately accept the GDPR. At this point, no one knows how the regulation will impact their business. For a company like Facebook, the regulation will likely impact revenue as advertising may be more limited due to personal data restrictions. However, looking at it from the consumer perspective, the GPR increases data privacy and gives them more control over how their data is used. While it’s a good start, it’s not enough to provide full data protection.
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