Article | September 12, 2019

The Link Between GDPR And The Dark Web

Source: ID Agent
The Media Audience Of The Future Demands An Inclusive Walled Garden Approach

A GDPR Crash Course

Designed to protect the data security and privacy of EU citizens, the GDPR was introduced as a replacement to the Data Protection Directive of 1995. As an overview, the regulations empower consumers with greater ownership over their personal information; highlights including the “right to be forgotten”, a fortified consent process, and more stringent breach notification protocol requirements. Aside from expanding the definition of “data processing” to include collection, retention, deletion, breaches, and disclosures of personal data, the penalties associated with infractions are no laughing matter. Since its implementation, multinational corporations have seen fines amounting to $23M. Or even worse, 4% of global revenue.

Dark Web + GDPR

So where does the Dark Web fit into this? Just this past week, we covered a recent report by the Federation of Small Businesses (FSB) proclaiming that UK-based SMBs were suffering nearly 10,000 cyber attacks per day. Although the majority of these are serious security breaches, some are slipping through the cracks as “leaks” that go unnoticed. These manifest themselves as vulnerabilities caused by password recycling, lost devices, accidental website updates/ emails, and even rogue employee behavior.