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Daily Dashboard | Reding and Aigner: Regulation Reform a “Historic Opportunity” Related reading: Mass. attorney general sues Equifax; other actions may follow

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EU Justice Commissioner Viviane Reding and German Consumer Protection Minister Ilse Aigner say the proposed EU General Data Protection Regulation is an “historic opportunity” to modernize existing data protection rules. Following a meeting in Brussels last week, Reding and Aigner issued a statement that now is the time to set the proper data protection standards to benefit both consumers and industry. “There must be no loopholes for social networking sites, app providers or online traders. We have to ensure that EU law also applies to service providers based outside the EU or to data which is stored in the cloud anywhere in the world.” Consumer choice is essential regarding the deletion of data, they added.
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