About: Daniel V. Dimov

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5 Common Myths About the GDPR

The EU General Data Protection Regulation (GDPR) entered into force on the 25th of May 2018. Since that time, companies have spent billions of dollars to ensure compliance with the new law. Just the top 500 U.S. companies spent about $7.8 billion to comply with the strict requirements of the GDPR. Despite the extensive media coverage of the GDPR, many myths still surround this rather new EU law. In this article, we discuss five of them. Myth 1: GDPR is an EU law that does not...
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What do Linux system administrators need to know about the GDPR?

The General Data Protection Regulation (GDPR) is a European Union law that applies not only to EU companies, but also to all companies collecting and processing the personal data of EU residents. The sanctions for breaching the GDPR are enormous (up to $24 million or 4% of the annual global turnover, whichever is greater). It is not a coincidence that the U.S. top 500 companies are expected to spend $7.8 billion to comply with the GDPR. In this article, we will provide a brief overview of...
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Is Kleros a Fair Dispute Resolution System?

Kleros' approach to arbitration is radically different to traditional court systems and alternative dispute resolution methods. Relying on cryptoeconomics, it provides crowdsourced jurors the incentive to arbitrate on various types of disputes. The goal is to bring fast, affordable and secure resolution to a number of disputes native of the Internet Age. Kleros promises to transform the field of dispute resolution in a way similar to how Wikipedia revolutionized encyclopedia publishing. Back then, few people expected that an encyclopedia written by anonymous people on the Internet could...
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GDPR Trolls

Patent trolls are not a new phenomenon. They buy patents for the sole purpose of extorting and suing companies. Since patent-related litigation proceedings are complex and time-consuming, the fees for defending a patent claim in court proceedings may exceed one million U.S. dollars. Therefore, many legitimate companies (especially startups) prefer to pay the requested settlement fees instead of defending their rights. According to CNN, just within the period 1990 – 2010, patent trolls cost investors 500 billion U.S. dollars. Patent trolls can target a limited scope...
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Consequences of the Late Announcement of Cyber-security Incidents

Cyber-security attacks that are becoming more and more common among various types and sizes of organizations may have serious effects on electronic communication networks, provision of services, and national security. Although significant breaches that affect many users or extensively disrupt the functioning of an organization usually receive extensive media coverage, smaller security incidents may remain unreported to the public. This can occur because of several reasons. For example, the affected organization may become aware of the incident later, it considers the incident insignificant (e.g.,...
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