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 >>
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