US whistleblower Edward Snowden spoke of the NSAs disregard of US data gathering laws, and described the ineffectiveness of the resulting mass surveillance. The EU Parliament also finalised a new data privacy law backed by stiffer penalties. Companies can now be fined up to 100,000,000 (about $140m), or 5% of their global business turnover, for privacy violations. The new law is pan-European, so any organisation that provides services to EU citizens will be required to conform.”]
Source: https://nakedsecurity.sophos.com/2014/03/16/is-snowden-reshaping-global-privacy/