US Relationship Status with GDPR: It’s Complicated

The time for US companies to get ready for the EU’s General Data Protection Regulation is now and it’s all hands on deck.

“Who shouldn’t?” answered Liz Walker when asked who within an organization should prepare for the directive, which will transform how businesses process and handle data. It is scheduled to go into effect May 25, 2018.

“This isn’t just a legal department or compliance issue, or a risk management issue,” said Walker, head of enterprise risk and global insurance at Groupon Inc., during a recent Advisen webinar sponsored by CyberScout. “This is going to touch every aspect of your business.”

Read more at https://www.advisenltd.com/2017/10/05/us-relationship-status-gdpr-complicated/

Chad Hemenway, US relationship status with GDPR: It’s complicated (October 5, 2017), available with subscription at Advisen Cyber Front Page News.

New EU Data Protection Rules Could Mean Massive Fines for Businesses

On April 14 after four years of deliberation, the General Data Protection Regulation (GDPR) won final approval requiring businesses who deal with personal data of EU citizens, both in and outside of the EU, to strengthen their cybersecurity policies or face substantial fines.

“The new rules will ensure that the fundamental right to personal data protections is guaranteed for all,” said a statement released by the European Commission.

Read more at http://www.advisenltd.com/2016/04/28/new-eu-data-protection-rules-could-mean-massive-fines-for-businesses/

Josh Bradford, New EU data protection rules could mean massive fines for businesses (April 28, 2016), available with subscription at Advisen Cyber Front Page News.