James Francis Trocme recently has posted on LinkedIn the short article We would like to cite it in full: Consumer expectations and demands about data privacy and security are rising and spreading. California is the new battleground in the US for what may evolve into a wave of GDPR-like state and eventually federal regulation or legislation. The California Consumer Privacy Act will grant people in the state new rights to control information businesses gather about users and subscribers and monetize. Therefore understanding GDPR and now CCPA, if you have not already looked into it, is probably a good way to...
The European law that went into effect in 2018 requires “all companies processing and holding personal data of data subjects residing in the European Union, regardless of the company’s location” (*). Does this means that a transaction made by a person from the EU on an ATM somewhere in Buffalo must be stored in accordance with the GDPR law requirements? It seems yes, they must! In “American Banker” (*) we read: “Basically any institution around the world that has an EU citizen, a European subject, is subject [to the law],” In the same article we read: “A European data subject...
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