5 Steps to Tackle GDPR and Avoid Legal Consequences

The new EU General Data Protection Regulation of the European Union will have a wide impact on how data of EU residents can be stored – and business are well advised to not take it lightly. Companies face strict fines for not complying with GDPR standards and fines can make up to 4% of annual global turnover. The new regulation will not only affect companies inside the European Union, but also entities that provide goods and services in the EU in general. With the new regulation, the European institutions aim to strengthen and unify data protection for all individuals in the European Union and give its citizens control back over their personal data. This data may include contact information, credit card information and/or social security numbers etc. The regulation will be enforced from May 2018, so now is the perfect time for companies who hold data of EU citizens to take the necessary steps to stay compliant with GDPR in the future. Read our white paper to find out five steps you can take to tackle GDPR compliance and avoid legal consequences.

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5 Steps to Tackle GDPR and Avoid Legal Consequences

The new EU General Data Protection Regulation of the European Union will have a wide impact on how data of EU residents can be stored – and business are well advised to not take it lightly. Companies face strict fines for not complying with GDPR standards and fines can make up to 4% of annual global turnover. The new regulation will not only affect companies inside the European Union, but also entities that provide goods and services in the EU in general. With the new regulation, the European institutions aim to strengthen and unify data protection for all individuals in the European Union and give its citizens control back over their personal data. This data may include contact information, credit card information and/or social security numbers etc.

The regulation will be enforced from May 2018, so now is the perfect time for companies who hold data of EU citizens to take the necessary steps to stay compliant with GDPR in the future. Read our white paper to find out five steps you can take to tackle GDPR compliance and avoid legal consequences.