LO 8.3.1.B
Learning Objective: Describe the key changes in data protection regulation including the meaning of
• Rights of the individual
• Informed consent
• Notification
• Data portability
• Supervision and enforcement, and
• Liability.
Review
Any national regulator can take or lead action across all member states.
Organizations outside the EU, but processing data of EU citizens, can face sanctions and be subject to individual claims.
Similarly, this applies to citizens 'in' the EU but not necessarily EU citizens.
Higher penalties for breaching the regulations, with maximum fines at €20 million or 4% of annual worldwide turnover (whichever is greater).
For lesser offenses, it is €10 million or 2% of global annual turnover (whichever is greater).