--- title: How Brexit and the GDPR will affect data privacy for all UK businesses date: 2017-08-21T21:58:00+01:00 author: Alara Basul canonical_url: "https://www.ravelin.com/podcast/how-brexit-and-the-gdpr-will-affect-data-privacy" section: Podcast --- Podcast / Machine learning & AI Episode 8 21 August 2017 # How Brexit and the GDPR will affect data privacy for all UK businesses We get a data legislation expert on the phone to shed light on the impact Brexit & the GDPR could have on data privacy and UK firms. ![How Brexit and the GDPR will affect data privacy for all UK businesses](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_548xAUTO_fit_center-center_none_ns/138564/eu-flag.webp)We decided to take a little break from [fraud](https://www.ravelin.com/insights/online-payment-fraud) in this episode to focus on Brexit instead. Specifically, we were interested in how Brexit will impact UK firms in regards to data. So Gerry called up Eric Klotz, who is something of a data legislation expert, to get some answers about data privacy, the new EU GDPR and how Brexit will impact legislation and UK firms. The conversation was prompted by some concerns we heard from prospects and clients about Brexit. Ravelin is a UK-based company, the prospects were continental European based businesses - so all reasonable questions. The conversation is linked below but the good news is <spoiler alert> that most of the existing privacy legislation is superseded by the [General Data Protection Regulation](https://en.wikipedia.org/wiki/General_Data_Protection_Regulation) agreement to which the UK remains committed. Brexit or not, the UK companies including Ravelin, would need to be compliant with GDPR in order to do any business in Europe. The same holds true for US, Asian or any other business. GDPR of course brings with it its own compliance challenges that will be interesting to see tested. The fines have real teeth - 4% of turnover of $20M for multinationals, whichever is larger. For more details and to hear some FAQs answered, listen to the episode "[The GDPR questions everyone is asking](https://www.ravelin.com/podcast/the-gdpr-questions-everyone-is-asking)". As always, our episodes can be found on [iTunes](https://itunes.apple.com/gb/podcast/interview-with-eric-klotz/id1156451570?i=1000377887503&mt=2), our [Soundcloud](https://soundcloud.com/ravelin/interview-with-eric-klotz). ![Afk Bu I 400X400](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_122x122_crop_center-center_none_ns/851/afk_Bu-i_400x400.webp)Alara BasulRavelin alumna More from Alara Basul - [Infographic: The growing cost of fraud in 2018](https://www.ravelin.com/blog/infographic-fraud-in-2018) - [Meet Tim Whelan, Ravelin’s VP of Engineering](https://www.ravelin.com/blog/meet-tim-whelan-ravelins-vp-of-engineering) - [National Cybersecurity month: Raising awareness of fraud in payments](https://www.ravelin.com/blog/cyber-security-month-fraud-awareness) ## Related content [Blog / Fraud trends ### Online Retail Fraud Trends 2026: New global report Refund abuse just outranked traditional forms of first-party abuse in terms of its negative impact on retailers – while 78% say fraud has stifled their growth to some extent. ![1669287463716 2023 12 07 164059 ybjd](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_33x33_crop_center-center_none_ns/196785/1669287463716_2023-12-07-164059_ybjd.webp)Nikoleta Dimitriou,Senior Content Manager](https://www.ravelin.com/blog/online-retail-fraud-trends-2026) [Blog / 3DS & SCA ### What's the difference between 3D Secure 1, 2 and 2.3? Strong Customer Authentication is required in more and more countries around the world. Here’s a quick explanation of the key differences between the 3D Secure versions. ![Catherine Jones](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_33x33_crop_center-center_none_ns/76597/kit-photo.webp)Catherine Jones,Product Director ![James hogan](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_33x33_crop_center-center_none_ns/274718/james-hogan.webp)James Hogan,Senior Product Manager – Payments Engineering](https://www.ravelin.com/blog/whats-the-difference-between-3d-secure-1-and-2) [Blog / Fraud analytics ### Burner account detection requires continuous behavioral monitoring and network analysis Today we explore ecommerce burner accounts and why it's important for merchants to home in on and ban them before they do harm. ![Unnamed 3](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_33x33_crop_center-center_none_ns/265422/unnamed-3.webp)Nelda Biltauere,Senior Fraud and Payments Researcher](https://www.ravelin.com/blog/ecommerce-burner-account-fraud)