“Is the world ready for GDPR? Privacy and cybersecurity impacts are far-reaching”
The General Data Protection Regulation (GDPR) will go into effect on May 25, 2018. The GDPR consists of rules enforced by the European Commission to govern the privacy and security of personal data. Though this regulation is being put forward by the European Commission, some organizations positioned outside of the European Union will still be affected. The GDPR is expected to pose serious impacts and implications for certain organizations. This article further discusses the details of the GDPR, which organizations will most likely have to comply with this regulation, as well as how the GDPR will impact costs, timing, security, and data breach notification processes within companies.
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