How the New European Data Privacy Law Will Impact Subscription Companies
Any company collecting or processing data from European citizens will be impacted by GDPR.
Europeans and the European government are taking data privacy very seriously. In fact, some are saying it is the most important change in data privacy regulation in the last 20 years. In May 2018, the two-year transition period for the European Unionís new General Data Protection Regulation (GDPR) expires and the new data privacy law goes into effect. Any company doing business with European citizens, including subscription companies, will be impacted, regardless of where the company is located. Companies should start preparing now to comply with the laws and to avoid fines as large as Ä20 million for violation of the data privacy changes. Hereís what you need to know.
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