Data Protection—Putting the Brakes on Digitalization Processes?

Marie Kristin Czwalina (), Matthias Kurfels () and Stefan Strube ()
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Marie Kristin Czwalina: ifb SE
Matthias Kurfels: ifb SE
Stefan Strube: ifb SE

A chapter in The Digital Journey of Banking and Insurance, Volume III, 2021, pp 145-163 from Springer

Abstract: Abstract The data protection regulations in Europe and elsewhere specify how to ensure the privacy of information regarding private individuals stored digitally and non-digitally. These regulations have a major impact on business models and processes in the context of digitalization. The article first briefly describes the main principles of data protection law before comparing the data protection regulations in Europe, California (USA), Canada and Japan. Finally, practical examples are used to illustrate the challenges resulting from the restrictions imposed by data protection requirements and how to deal with them.

Keywords: GDPR; Data Privacy; Regulations; Innovation (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-78821-6_10

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DOI: 10.1007/978-3-030-78821-6_10

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