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Is It Worth Risking 4% Of Your Company’s Revenue For A Violation?September 25th, 2017 7:04 pm
GDPR is approaching faster than you can imagine.
General Data Protection regulation or GPDR is a new regulation in the EU which was created to update the existing Data Protection Directive. GDPR is structured more rigidly and asks that any company that interacts with the EU follows the regulation.
The changes GDPR will bring are going to effect the attitude of privacy, security, and compliance. Companies will shift from a “tick-box compliance” attitude to a company-wide approach.
Violating this regulation can land your company in a lot of financial trouble. Each violation can have a penalty of 4% of your company’s revenue.
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