5 Things US Businesses Need to Know About GDPR
The European Union’s GDPR, or General Data Protection Regulation, went into effect two years ago, in May 2018, but not every business is ready. CNBC reports that there has been a lot of confusion and frustration within the first year of implementation, with hefty fines of significant concern to even the biggest companies in the United States.
Amidst the flurry of messages stating that different websites have changed their privacy policy, companies also had to contend with more bureaucracy. They had to come up with a data protection unit and somebody to head it. And that somebody had to have a special set of skills.
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