Wednesday, August 16, 2017

How companies should prepare for EU GDPR Compliance

Beginning in May 2018, all businesses housing data from European residents will have to abide by the EU GDPR. If companies don't abide by the rules defined by GDPR, they'll be fined 20 million Euros or 4% of their annual turnover.

With this regulation, Microsoft has taken steps to protect the data it holds in the cloud before the GDPR goes into effect. Microsoft is one of the largest cloud service providers in the world, and will need to comply with the more stringent regulations being imposed by the EU data directive to continue doing business under GDPR.

Under this regulation, the EU can validate how companies collect, process or store data on any European resident, and enterprises must comply with their directive on securing EU user privacy. This law pushes companies outside the EU to comply with their rules if they want to continue business with their citizens. This may be a challenge for global e-commerce retailers that weren't following these directives completely in the past. Read the rest of my article at the link below:

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