As Mark Zuckerberg, the chief executive of Facebook, himself put it: “We have a responsibility to protect your data.” These companies should be considered, to borrow a term coined by the law professor Jack Balkin, “information fiduciaries” — or perhaps “data fiduciaries.”

 An American Alternative to Europe’s Privacy Law – An amazing article by Tim Wu Mr. Wu a law professor who specializes in telecommunications. https://www.nytimes.com/2018/05/30/opinion/europe-america-privacy-gdpr.html

“So why not your search engine, your digital assistant and your social media platform? These entities present themselves as trustworthy, have a special expertise and usually require you to reveal information about yourself to be useful. As Mark Zuckerberg, the chief executive of Facebook, himself put it: “We have a responsibility to protect your data.” These companies should be considered, to borrow a term coined by the law professor Jack Balkin, “information fiduciaries” — or perhaps “data fiduciaries.””

If higher Courts ruled that companies have an “Information Fiduciary” Responsibility to protect our Personal Data, then Citizens would bring lawsuits into our courtrooms demanding large judgements. Perhaps EU fines might not look so large after all. 

https://youtu.be/7jgW_nOHiDs 847.440.4439

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