EU’s new data protection law (GDPR) and your non-EU company. Why should you be concerned?
With the GDPR making headlines in Europe, not enough has been said about the new regulation applying to non-EU companies. European General Data Protection Regulation will come into force on May 25th 2018 and is already well-known for introducing high revenue based fines. The GDPR was designed and adopted by the European Union to protect the privacy of its citizens. Therefore, it applies also to non-EU controllers and processors of data. If you are offering goods or services to customers in the EU, if you process or monitor their data, it’s about time you start preparing for the new law.