GDPR is here: What you need to know about Europe's new data law [CNN]
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Source: CNN
GDPR is here: What you need to know about Europe's new data law The big data privacy revolution is here. General Data Protection Regulation (GDPR) came into effect across the European Union on Friday, changing the way companies around the world collect and handle personal data. The new law affects any organization that holds or uses data on people inside the European Union, regardless of where is it based. An Indian call center handling customer services for companies that sell products in Europe or a US website tracking browsing histories of Europeans will be impacted. The last few days were marked by a huge scramble among businesses big and small to get their new data privacy policies in shape. Many have not managed that and are now facing fines of up to €20 million or 4% of their global annual sales, whichever is bigger. Research from consulting firm Capgemini showed 85% of firms said they were not ready for the new law to come into effect, and one in four said they won't be ready
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