The European Union’s General Data Protection Regulation (GDPR) took effect May 25, 2018, representing the biggest change to EU data protection and privacy legislation in the past three decades. Non-compliance fines are up to €20 million (approximately $25 million) or 4% of the company’s prior year revenue, whichever is greater.
Many US-based companies will be affected by GDPR and need to address their compliance obligations. The implications of GDPR for US companies who collect, maintain or process personal data of EU citizens will be significant. Everything from Finance to HR, Marketing, Sales and Customer Support will likely be affected by the required changes. Companies will also have to ensure their vendors and subcontractors are GDPR-compliant.
With data centers in the EU, UK, and USA, TokenEx is fully equipped to help companies across the world achieve GDPR compliance.
In this eBook, you will learn: