As GDPR Enters 2nd Year, Cos. Still Searching For Answers
By Allison Grande (May 24, 2019, 9:24 PM EDT) -- Corporations swept up by Europe's year-old data protection law are more comfortable now with their vast compliance obligations than when the law was enacted, but key questions about regulators' expectations and the price of noncompliance still linger as the landmark regulation enters its second year.
The General Data Protection Regulation, which went live on May 25, 2018, has subjected companies that offer services to EU residents or process personal data within the bloc, including U.S. tech heavyweights Facebook Inc., Google LLC, Microsoft Corp. and Apple Inc., to tighter restrictions on the way they use, share and safeguard personal information. The law...
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