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Data Collection & Privacy:
Are you ready to pay 1M€ or 2% of your turnover?
   René Dechamps Otamendi – eMetrics Summit San Francisco - 2013
About me
                                                Entrepreneur
                           Analytics Pioneer in Europe (Formerly OX2 in Belgium)
                                      CEO of Mind Your Group (Spain)
                                        Cofounded with Aurélie Pols


                                MYG Shareholders & Advisors:
                                              Avinash Kaushik
                                              Bryan Eisenberg
                                              Jeffrey Eisenberg
                                              Jim Sterne



                   More: Visit my LinkedIn Profile | Follow me: @rdo
©Mind Your Privacy, S.L.                                                           @rdo
The idea?




                                  2007




                  @AureliePols               The West Wing
©Mind Your Privacy, S.L.                              @rdo
http://www.youtube.com/watch?v=pj4PwyfDNuI



©Mind Your Privacy, S.L.                                         @rdo
2006-now


                Privacy is dead, get over it?
                             vs.
                           “Data Chernobyl”

©Mind Your Privacy, S.L.                      @rdo
Europe & US
                      have different approaches
       EU: Data in the end           US: Data belongs to the
         belongs to the               Company (or at least
            individual                    they think so)




                   INDIVIDUAL                COMPANY
©Mind Your Privacy, S.L.                           @rdo
11 th   October 2012
                    Viviane Reding reminds everyone
                  That Privacy is a EU fundamental right




                                                                            http://europa.eu/rapid/pr
                                                                            ess-release_SPEECH-12-
                                                                            716_en.htm




         Viviane Reding EU Commissioner for Justice, Fundamental Rights and Citizenship

©Mind Your Privacy, S.L.                                                     @rdo
Why is it a fundamental right?
                           Let’s get back 70 years ago…




©Mind Your Privacy, S.L.                                  @rdo
The Netherlands during WWII…




©Mind Your Privacy, S.L.        @rdo
Current situation
                             Countries implement the
                               ‘Cookie law’ Directive
                           into their national legislations
                               Resulting ‘potentially’ in…
                                27 interpretations!
                                              A mess!!!
©Mind Your Privacy, S.L.                                      @rdo
Near Future
                       1 Regulation to rule the whole EU




©Mind Your Privacy, S.L.                                   @rdo
Why?                                    Benefits
        UPDATING (1995)                      COST REDUCTION

        EU STANDARDIZATION                   1 SINGLE POINT OF CONTACT

        RESPONSE TO USERS                    USERS TRUST
        CONCERNS                             MORE BUSINESS




       KEY IDEA: individuals always own their personal data;
       companies just manage them (trust)

©Mind Your Privacy, S.L.                                       @rdo
Basic principle of the Regulation




                           CONSENT



                           CHOICE
©Mind Your Privacy, S.L.                @rdo
And the fines…


                           1.000.000 €
                   or

                      With the current Spanish legislation (not yet the Directive):
         In 2012 Telefónica paid 10.000.000 € in Data Protection fines!
©Mind Your Privacy, S.L.                                                         @rdo
Also to Non EU based Companies!!!




©Mind Your Privacy, S.L.   @rdo
Is it the end of the World?
If Data is the New Oil
                    Privacy is the New Green




©Mind Your Privacy, S.L.                   @rdo
If Data is the New Oil
                    Privacy is the New Green




©Mind Your Privacy, S.L.                   @rdo
It’s an opportunity
                                Privacy is:




                   A brand                      Increases
                    value                     customer trust
                   & a USP                     & experience


©Mind Your Privacy, S.L.                                @rdo
1
                 3
            It will take time as it
            encompasses Online
                                     Things to remember
                                     to be compliant
                                                             2
                                                 Online means: websites, mobile,
                                                 applications, cloud
            and Offline                          services/computing…


                                                 3
                           You don’t want to be in the newspapers because
                                    you’ve done nothing about it!


                                    ACT NOW!
©Mind Your Privacy, S.L.                                                @rdo
René Dechamps Otamendi



Thank you for your attention

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Privacidad en la UE - eMetrics SF 2013

  • 1. Data Collection & Privacy: Are you ready to pay 1M€ or 2% of your turnover? René Dechamps Otamendi – eMetrics Summit San Francisco - 2013
  • 2. About me Entrepreneur Analytics Pioneer in Europe (Formerly OX2 in Belgium) CEO of Mind Your Group (Spain) Cofounded with Aurélie Pols MYG Shareholders & Advisors: Avinash Kaushik Bryan Eisenberg Jeffrey Eisenberg Jim Sterne More: Visit my LinkedIn Profile | Follow me: @rdo ©Mind Your Privacy, S.L. @rdo
  • 3. The idea? 2007 @AureliePols The West Wing ©Mind Your Privacy, S.L. @rdo
  • 5. 2006-now Privacy is dead, get over it? vs. “Data Chernobyl” ©Mind Your Privacy, S.L. @rdo
  • 6. Europe & US have different approaches EU: Data in the end US: Data belongs to the belongs to the Company (or at least individual they think so) INDIVIDUAL COMPANY ©Mind Your Privacy, S.L. @rdo
  • 7. 11 th October 2012 Viviane Reding reminds everyone That Privacy is a EU fundamental right http://europa.eu/rapid/pr ess-release_SPEECH-12- 716_en.htm Viviane Reding EU Commissioner for Justice, Fundamental Rights and Citizenship ©Mind Your Privacy, S.L. @rdo
  • 8. Why is it a fundamental right? Let’s get back 70 years ago… ©Mind Your Privacy, S.L. @rdo
  • 9. The Netherlands during WWII… ©Mind Your Privacy, S.L. @rdo
  • 10. Current situation Countries implement the ‘Cookie law’ Directive into their national legislations Resulting ‘potentially’ in… 27 interpretations! A mess!!! ©Mind Your Privacy, S.L. @rdo
  • 11. Near Future 1 Regulation to rule the whole EU ©Mind Your Privacy, S.L. @rdo
  • 12. Why? Benefits UPDATING (1995) COST REDUCTION EU STANDARDIZATION 1 SINGLE POINT OF CONTACT RESPONSE TO USERS USERS TRUST CONCERNS MORE BUSINESS KEY IDEA: individuals always own their personal data; companies just manage them (trust) ©Mind Your Privacy, S.L. @rdo
  • 13. Basic principle of the Regulation CONSENT CHOICE ©Mind Your Privacy, S.L. @rdo
  • 14. And the fines… 1.000.000 € or With the current Spanish legislation (not yet the Directive): In 2012 Telefónica paid 10.000.000 € in Data Protection fines! ©Mind Your Privacy, S.L. @rdo
  • 15. Also to Non EU based Companies!!! ©Mind Your Privacy, S.L. @rdo
  • 16. Is it the end of the World?
  • 17. If Data is the New Oil Privacy is the New Green ©Mind Your Privacy, S.L. @rdo
  • 18. If Data is the New Oil Privacy is the New Green ©Mind Your Privacy, S.L. @rdo
  • 19. It’s an opportunity Privacy is: A brand Increases value customer trust & a USP & experience ©Mind Your Privacy, S.L. @rdo
  • 20. 1 3 It will take time as it encompasses Online Things to remember to be compliant 2 Online means: websites, mobile, applications, cloud and Offline services/computing… 3 You don’t want to be in the newspapers because you’ve done nothing about it! ACT NOW! ©Mind Your Privacy, S.L. @rdo
  • 21. René Dechamps Otamendi Thank you for your attention