The General Data Protection Regulation (GDPR) came into effect on May 25, 2018, and applies to all organizations operating within the EU, plus organizations outside of EU which offer products or services to customers or business in EU. Under the GDPR regulations, businesses are required to take measures to protect the personal data and privacy of EU residents related to transactions that occur within the EU. Failure to comply with GDPR rules can result in hefty fines and reputation damage.
Meeting GDPR requirements can be challenging. Corporater makes GDPR compliance simple.