GDPR challenges and consequences: ignore at your own peril
The General Data Protection Regulation (GDPR) not only redefines the scope of European Union (EU) data, but it also forces organizations worldwide to ensure compliance.
Effective in May, the GDPR adds another level of intricacy to the issue of critical information asset management and aims to establish the same data protection level for all EU residents. Government-appointed bodies have been established in most counties that have powers to inspect, enforce and penalize the processing of personal data.
It is advisable for organizations to complete GDPR regulations before the deadline in order to allow time for requesting and responding to third-party assurances.