In the global market most of us work in, the new EU General Data Protection Regulation (GDPR) that replaces the Data Protection Directive will impact everyone. This important site outlines what is coming...are you ready? The site’s homepage includes a countdown clock to enforcement, 25 May 2018 is right around the corner. The GDPR applies to organizations in the EU of course but also to all organizations, anywhere, that offer good or services to, or monitor the behavior of, EU subjects. It applies to your organization, regardless of location, if you process or hold personal data of subjects in the European Union.
Non-compliance is a serious matter, the fines can be substantial. All organizations need to be prepared for this change. The site linked to above has resources to help you learn more.