Cybersecurity » How The GDPR Could Protect The Wealthy

How The GDPR Could Protect The Wealthy

May 8, 2018

Ernest Hemingway’s rejoinder to F. Scott Fitzgerald’s oft-quoted “The rich are different from you and me” (Hemingway – “Yes, they have more money”) might be due for a rewrite, as in:  “Yes, they have more privacy.” Paparazzi and tabloids aside, that has long been true for most of the very wealthy who want it, but it will be even more so once the European General Data Protection Regulation takes effect on May 25, according to an article in Financial Times. The GDPR,  says the article, “not only reinforces the right to privacy but will also inform (or remind) the wealthy that the best way now to protect their reputation is to look not to defamation, but to data … Whereas since 2014, a defamation claim requires an individual to show they have suffered or are likely to suffer ‘serious harm,’ under privacy laws there is no need to show any harm at all.” London, in particular, has already become the privacy protection capital of the world, according to one attorney, from a law firm that has represented the British royal family.

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