Data protection puts companies under constant stress

by time news

Dear readers, you know my evidence-based view of the German interpretation of data protection: over-bureaucratic, overwhelming, inhibiting innovation, legally insecure, and ultimately reducing prosperity. Now I finally want to present you with proof.

In mid-September, the digital association Bitkom presented the results of a representative survey of 502 companies with 20 or more employees in Germany under the title “Data protection as a permanent task for the economy: GDPR & international data transfers”. I want to quote the managing director of Bitkom, Susanne Dehmel, because I couldn’t summarize the results more appropriately: “Data protection is of particular importance in the digital economy and society. However, companies are increasingly lacking predictability and reliability. Companies are under constant stress when it comes to data protection. They want to comply with data protection, but to do this they not only have to pursue court rulings across Europe and be familiar with the different interpretations from the member states, but also deal with 18 different interpretations of data protection supervisory authorities in Germany alone. This is becoming increasingly difficult to manage, especially for smaller companies. “

What do my loyal readership say about this? Doesn’t concern you? Maybe not personally, but there are many companies and therefore those who hold the big picture together in our country. And what do you think was going on on the net? A shit storm beyond compare. Not to the data protection excesses, but to the company of course: All data protection criminals! Do these people know what GDPR implementation really means for a company? Or do they follow beliefs such as “create wealth through debt” and “money comes from the socket”?

READ Also:  Microfinance organizations proposed to allow the issuance of loans secured by property

Please take a look at this study. I’ll pick out a few telling results: 77 percent complain that the GDPR cannot be fully implemented (my words). 76 percent state that innovation projects have failed due to specific requirements of the GDPR. And 86 percent of companies stopped projects because of ambiguities in dealing with the GDPR. Susanne Dehmel says: “Digital technologies are the most important innovation drivers across all industries. We need a better balance between data protection and data usage. ”In line with this, 78 percent say that legal uncertainty is the greatest challenge.

With the Schrems II ruling, the most important basis for the EU-US data exchange has ceased to exist. International data transfers to non-EU countries play a major role for the German economy. If personal data could no longer be processed outside the EU, this would have serious effects on companies and the German economy as a whole. For example, 62 percent stated that they would then no longer be able to offer certain products and services. 89 percent are demanding that the next federal government adjust the GDPR for data protection. I see it the same way and am happy to provide advice from practice.


You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.