Companies that commit
Posted: Thu Feb 06, 2025 6:15 am
Before the GDPR came into force, maximum fines for personal data errors were modest compared to today. But the GDPR has upped the ante. GDPR violators, in the case of egregious breaches, can face a maximum penalty of either €20 million or 4% of their total annual worldwide revenue, whichever is higher. Corporate giants and mid-sized firms have taken notice, and small businesses are worried about going bust.
PIPL goes even further. a “serious” violation of the law can be fined up to 5% of their total annual revenue (or, if that’s more, 50 million yuan, which is about €7.26 million). If that extra percentage point isn’t scary enough, it’s worth noting that such fines are not restitutionary; in addition, any “illegal income” of a PIPL violator can be confiscated. To make matters worse for those who step out of line, Chinese authorities can also suspend or revoke the violator’s license to do business in China.
As much as businesses as a whole stand to lose Edge Computing: Common Challenges and How to Overcome Them
31.08.2022
The transition to edge computing comes with a number of challenges, from an immature ecosystem to risk management. Experts interviewed by Enterprisers Project share four common challenges and how to address them.
Edge computing is in many ways a natural extension of other distributed architectures, especially hybrid cloud environments. Its potential benefits are enormous—hence the growing interest in it—and can be further enhanced when paired with cloud computing.
These benefits don’t come for free: the very ghana mobile database of distributed IT environments creates inherent complexity. But that’s no reason to abandon the trend—it simply means planning is necessary.
Below, we look at four key challenges that edge computing poses and offer advice on how to address them.
1. Managing highly distributed environments
for violating PIPL, individual employees and officials stand to lose even more. PIPL imposes personal liability on individuals. Employees “directly responsible” for the most serious violations can be fined up to 1 million yuan.
Lasting damage to their livelihood (and perhaps their very way of life) may occur. Once an employee is found directly responsible for a PIPL violation, they may be prohibited from holding management or confidentiality-sensitive positions “for a specified period.” Even after that period, the violation record may follow the employee; Section 67 of the PIPL provides that violations will become part of the individual’s social credit record.
So, even if the immediate fines for data breaches provided by PIPL are acceptable, global businesses and their employees potentially have much more at stake than under GDPR.
PIPL goes even further. a “serious” violation of the law can be fined up to 5% of their total annual revenue (or, if that’s more, 50 million yuan, which is about €7.26 million). If that extra percentage point isn’t scary enough, it’s worth noting that such fines are not restitutionary; in addition, any “illegal income” of a PIPL violator can be confiscated. To make matters worse for those who step out of line, Chinese authorities can also suspend or revoke the violator’s license to do business in China.
As much as businesses as a whole stand to lose Edge Computing: Common Challenges and How to Overcome Them
31.08.2022
The transition to edge computing comes with a number of challenges, from an immature ecosystem to risk management. Experts interviewed by Enterprisers Project share four common challenges and how to address them.
Edge computing is in many ways a natural extension of other distributed architectures, especially hybrid cloud environments. Its potential benefits are enormous—hence the growing interest in it—and can be further enhanced when paired with cloud computing.
These benefits don’t come for free: the very ghana mobile database of distributed IT environments creates inherent complexity. But that’s no reason to abandon the trend—it simply means planning is necessary.
Below, we look at four key challenges that edge computing poses and offer advice on how to address them.
1. Managing highly distributed environments
for violating PIPL, individual employees and officials stand to lose even more. PIPL imposes personal liability on individuals. Employees “directly responsible” for the most serious violations can be fined up to 1 million yuan.
Lasting damage to their livelihood (and perhaps their very way of life) may occur. Once an employee is found directly responsible for a PIPL violation, they may be prohibited from holding management or confidentiality-sensitive positions “for a specified period.” Even after that period, the violation record may follow the employee; Section 67 of the PIPL provides that violations will become part of the individual’s social credit record.
So, even if the immediate fines for data breaches provided by PIPL are acceptable, global businesses and their employees potentially have much more at stake than under GDPR.