We’ve all been hit with endless offers of GDPR webinars and product pitches, so I’m not going to repeat the stuff you can find there. But there are some big-picture points you might not have picked up yet, and they’re worth summarizing here.
Point #0: Talk to your attorneys. Even though the regulations may seem irrelevant to you and your business, ignorance of the law is no excuse … and is definitely not bliss. Even if you do no business in Europe, your business is likely to be affected by GDPR and could incur penalties. Why? Because there are plenty of ways that European citizens can get their data into your systems without your knowledge, and if they’ve done so you’re supposed to be complying with the new regulation. And the penalties for non-compliance can be surprisingly high. That said, none of this has been tested in court or regulatory appeals yet, so it’s going to be murky territory for a while. Pay your attorneys for practical advice on how to minimize the business risk (even though you’ll see below that it can’t be eliminated).
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