A new set of European rules and standards related to privacy and data protection (the General Data Protection Regulation, or GDPR) has set in motion a mad compliance scramble not for European companies, but for any company doing business in Europe or with European customers.
The regulation codifies many privacy rights and creates an explicit obligation to the controller as well as the processor to be able to demonstrate their compliance to the GDPR. The clock is ticking – the regulation goes into effect in May next year, and the potential penalties for non-compliance are significant (up to 4% of the total worldwide annual turnover).
So what does this mean? Find out in our new Tip Sheet -- Three Keys to Your GDPR Compliance Strategy