With the European Union’s General Data Protection Regulation (GDPR) compliance deadline of May 25, 2018, you’ve only got a few months to decide what, exactly, GDPR means for your company, your customers, and your employees.
Compliance with new data protection regulations is crucial to avoid legal liability, protect your brand, and preserve customer and employee confidence. Those who fail to meet compliance guidelines face heavy financial penalties.
GDPR doesn’t just affect European companies. Any business collecting and handling the personal data of EU citizens must comply even if they’re based outside the EU. As such, these changes bring new liabilities for the vast majority of businesses around the world.
If you meet any of the following criteria, GDPR affects you: