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New UK privacy laws aim to cut red tape for business
Wednesday, March 8, 2023
The Bill will also establish a framework for the use of trusted and secure digital verification services, which allow people to prove their identity digitally if they choose to do so. These measures will allow customers to create certified digital identities that make it easier and quicker to prove things about themselves.
Dr. Ilia Kolochenko, founder of ImmuniWeb, and a member of Europol Data Protection Experts Network says: The proposed bill, more specifically as an underlying purpose of de-complexification, may serve as a laudable example to EU lawmakers. Amid the rapidly growing EU GDPR fatigue, inconsistent enforcement among the EU member states and growing costs of formalistic compliance that merely fosters the tick-a-check-box-and-forget 'security', European companies would gain a significant competitive advantage on the global market if European GDPR goes through a similar set of improvements and simplifications.
The current EU's cybersecurity regulatory landscape is commencing verging on overregulation, making it a disservice to both European individuals and businesses. In the meanwhile, even more EU-wide legislation on AI, cybersecurity and privacy is coming in 2023-2024 -- often promoting hardly compatible values and objectives thereby making compliance extremely complicated and unnecessarily expensive.
If the trend of overregulation persists, we will probably see a massive and deliberate non-compliance as costs and penalties for non-major infringements will likely be much less important than costs of a holistic implementation of the mushrooming EU cybersecurity regulations and directives.
The Bill will also strengthen the Information Commissioner's Office (ICO) through the creation of a statutory board with a chair and chief executive. Read Full Article
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