At an event in Munich on Sunday, European Commission Vice President Viviane Reding previewed elements of the bloc's new proposed data protection framework, which will be published on Wednesday, The Wall Street Journal reports. The new regulation, which will replace the Data Protection Directive, will include a breach notification mandate, a so-called right to be forgotten and new powers to fine companies that violate the rules, among other provisions. Reding says in the data-as-currency digital market, "Only if consumers trust that their data is well protected will they continue to entrust businesses and authorities with it, buy online and accept new services." (Registration may be required to access this article.) Editor's Note: The IAPP will host a Web conference to discuss the new regulation shortly after its release.
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