Preparing for the EU’s new data protection regime: General Data Protection Regulation (GDPR)
Could your business withstand a fine of 4% of its worldwide revenue? That’s turnover, not profit. Most would face severe difficulties, if not insolvency. But that’s the sort of fine that the European Union (EU) will soon be able to impose on companies who work with personal data if they allow a security breach or can’t demonstrate adequate data protection.
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