Episode 117 - GDPR: The First Five Years — Its Influence and Operations
Frost Brown Todd Podcast - En podcast af Frost Brown Todd
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The European Union’s GDPR (General Data Protection Regulation) became effective in May 2018. It declared a thorough and far-reaching set of rules for data privacy and became the global leader in how personal data privacy can be regulated and enhanced. What have almost five years shown? Is it successful? Entrenched? A model others follow? And how does it work in practice in 2023? Episode 117 considers how GDPR has become an embedded fabric for how personal information flows – or fails to flow – across borders. While an adopted framework within the EU and affecting global business without regard to borders, GDPR has not been copied everywhere. It varies both from the data localization approach of some countries and from the freer market approach of the United States and other countries. Tune in for what’s happening in early 2023 with GDPR and how it has worked in practice. Time Stamps: 01:28 — GDPR Fines 03:36 — United Kingdom privacy regime 04:43 — 2023 examples of laws influenced by GDPR 07:40 — US and EU attempting to create a safe harbor for data transfers between the two 08:23 — Differences between US and Europe regarding privacy 09:30 — Europe’s draft data act