Europe to issue tough new data-protection rules soon

Posted in: Legal & Security at 23/01/2012 16:18

The European Union will propose tough new rules in the coming days on how corporations handle Internet users' personal data, a long-awaited move that could have far-reaching implications for Web giants such as Google Inc and Facebook.

Viviane Reding, vice president of the European Commission, said in a speech on Sunday that the new data-protection legislation was needed to protect users and cut red tape for businesses in Europe.
http://uk.reuters.com/article/2012/01/22/uk-eu-data-idUKTRE80L0QN20120122

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EU Data-Privacy Rules Require Quick Disclosure
A European Union proposal to simplify and toughen the region's data-protection rules will require companies to disclose data breaches within 24 hours of their occurrences, Justice Commissioner Viviane Reding said.

The EU will this week outline an overhaul of its 17-year- old data-protection policies addressing online advertising and social-networking sites. The bill, which includes stricter sanctions and will equip national data-protection authorities with powers to levy administrative sanctions and fines, will "become a trademark people recognize and trust worldwide," Reding said at a conference in Munich yesterday.
www.bloomberg.com/news/2012-01-22/eu-s-reding-says-users-to-be-told-of-data-hacks-within-24-hours.html

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