Recently, I closed and deleted my Facebook account. I am reasonably concerned about my privacy and my personal data protection. This article discusses new rules and regulations introduced by EU and how they will affect the way data analytics and ML is done on customer data.
Unless you’ve been hiding under a rock, you’ve probably heard of the Cambridge Analytica Scandal and Mark Zuckerberg’s statements about the worldwide changes Facebook is making in response to European Union’s General Data Protection Regulation (GDPR). If your business is not yet in Europe, you may be taken aback by the statement from U.S. Senator Brian Schatz that “all tech platforms ought to adopt the EU approach to (data protection)”. This, despite the fact that 45% of U.S. citizens think that there is already “too much” government regulation of business and industry.
Image source: Convert GDPR (https://www.convert.com/GDPR/).
So yes, GDPR is a big deal indeed. When it becomes the law in European Union later this week on May 25, 2018, it will improve data protection for EU citizens dealing with companies not only in Europe but all around the world. In other words, whether your company is based in EU or…
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