BSA In The News

Firms Face Fines as Much as 2% of Sales Under EU Privacy Law

Bloomberg, January 25, 2012

Aoife White

Companies face fines as high as 2 percent of yearly global sales for mishandling or losing personal data under an overhaul of European Union privacy rules.

The 27 EU data-protection agencies would be able to sanction companies that don’t comply with tougher rules on handling personal information, proposed by the European Commission today. Online-advertising and social networking sites will also be covered by the policy, updating the EU’s 17-year- old data-protection policies... Read Full Story >>

Original Posting:
http://www.businessweek.com/news/2012-01-25/firms-face-fines-as-much-as-2-of-sales-under-eu-privacy-law.html

1/25/2012
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BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that spark the economy and improve modern life. With headquarters in Washington, DC, and operations in more than 60 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.
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