GDPR is problematic for most
It’s no secret – GDPR sanctions and the scare of it has plagued most companies in recent years. Last year came another blow when the European Court of Justice in the Schrems II case concluded that the Privacy Shield agreement does not provide adequate protection for personal data when they are transferred to third countries, such as the US (IMY.se). The effect of Schrems II is that companies and organisations in the EU find it difficult to use services outside the EU, such as US cloud solutions – even if the servers are within the EU.
If GDPR & Schrems II issues are not managed correctly, and your company continues to use services such as YouTube, Vimeo and Amazon Web Services, your company risks being penalised with a fine of up to €10 million, or up to 2% of your global revenue (GDPR.EU). Fortunately, at Rackfish, we already have a perfect GDPR-compliant option for these services – where you’re guaranteed to walk free from the CLOUD Act!
Streamio by Rackfish is the solution!
Rackfish is a 100% Swedish company with all Swedish servers and guarantees secure cloud services. This means that we can ensure that all data flowing through Rackfish-hosted pages and videos uploaded to Streamio is stored on GDPR-safe servers, in Sweden.
Does your company want to avoid a GDPR fine of up to €10 million?