GDPR: What You Need to Know

On May 25, 2018, the EU will be enforcing a new law, the General Data Protection Regulation (GDPR), governing how companies protect EU residents' personal data. This regulation will closely monitor what information is being collected – and why – and gives the consumer the choice about whether or not to share his/her data.

The law also requires companies to put systems in place to provide legal documentation defining how companies collect, process, store and use personal data.

Non-compliance could cost companies millions.

In the following article, we define GDPR, who it affects and steps you can take to maintain compliance.