Chapter 1: Fears of Brand Damage, Job Loss, Company Livelihood Surface as Businesses Try to Come to Grips with General Data Protection Regulation Compliance
The deadline looms on the horizon: 25 May, 2018. That’s the day the European Union will enact some of the most stringent data privacy regulations the world has ever seen.
These regulations impact thousands of organizations around the globe – virtually any company that does business within the EU and holds personally identifiable information (personal data) on EU residents.
86% of organizations worldwide are concerned that a failure to adhere to the upcoming General Data Protection Regulation (GDPR) could have a major negative impact on their business.