5 Common Myths About EU's New Data Protection Regime

Law360 (May 11, 2018, 6:52 PM EDT) -- The sweeping General Data Protection Regulation set to take effect in the European Union in just two weeks promises to revolutionize how companies around the globe handle personal data while imposing stiff penalties on those that don't comply. But attorneys say that although companies have had two years to get up to speed, several troubling myths still persist.

Even as the long-anticipated implementation deadline of May 25 closes in, attorneys say they are still fielding calls laced with misconceptions about the scope, reach and penalties behind the game-changing GDPR.

Under the new regime, companies that offer services to EU residents or...

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