On May 25, 2018, the European Union (EU) will begin to enforce the new General Data Protection Regulation (GDPR), the next evolution of privacy laws that cover all EU residences, regardless of citizenship. Many transnational companies struggle to understand the coverage, the implications and the penalties associated with GDPR. The diagram below is a useful starting point.
Companies that have employees in the EU, or provide goods or services to EU residences are subject to GDPR. In a modern world, very few companies will be exempt. Understanding GDPR, and the mandates for a business, requires professional assistance. PCM’s security practice has appropriate resources that can be applied to the needs of the marketplace to assess and develop strategies for GDPR.
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