Did you know?
Organizations that fail to comply with the GDPR can face fines of up to 4% of their global annual turnover or €20 million, whichever is higher. The largest GDPR fine to date was €1.2 billion, imposed on Meta in 2023.
The General Data Protection Regulation (GDPR) is a European Union (EU) regulation that came into effect in May 2018. The regulation aims to protect the privacy and personal data of EU citizens by regulating how companies and organizations collect, use, store, and protect personal data. GDPR applies to all businesses and organizations that process the personal data of EU citizens, regardless of whether they are based in the EU or not. This topic will focus on the impact of GDPR on social media data privacy.
Are you concerned about your privacy on social media?
Social media platforms are constantly changing their privacy policies, and it can be difficult to keep up with the latest regulations. Contact ChaseLawyers today to learn more about our social media privacy and compliance services. We can help you protect your privacy and ensure that you are in compliance with all applicable laws and regulations.
Social media platforms collect and process a vast amount of personal data, including name, email address, date of birth, location, and online behavior. GDPR requires social media platforms to provide users with clear and concise information about the personal data they collect, how it is used, and who it is shared with. Users must also be given the option to give or withdraw their consent to data collection and processing. Social media platforms must also ensure that personal data is accurate, up-to-date, and deleted when it is no longer needed.
In addition to user consent, GDPR also requires social media platforms to implement appropriate technical and organizational measures to protect personal data from unauthorized access, use, or disclosure. Platforms must also report any data breaches within 72 hours to the relevant data protection authorities and affected users.
Failure to comply with GDPR can result in severe legal consequences, including fines of up to 4% of a company’s global annual revenue or €20 million (whichever is greater). Additionally, non-compliance can damage a company’s reputation, leading to loss of customers and business.
In January 2019, the French data protection authority (CNIL) fined Google €50 million for violating GDPR. The CNIL found that Google did not provide users with adequate information about its data collection practices and did not obtain sufficient user consent for personalized ads.
Social media platforms must comply with GDPR to protect user privacy and avoid legal consequences. Businesses that operate on social media platforms should also ensure they comply with GDPR when processing the personal data of EU citizens.
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