GDPR Compliance: Special Challenges for Small and Medium-Sized Organizations

The EU’s General Data Protection Regulations (GDPR) came into effect on May 25, and companies collecting and maintaining even limited data about residents of the EU must comply. A U.S.-based company conducting only 5 percent of its business with European customers is still obligated to follow GDPR rules. But GDPR requirements are challenging to meet, and because smaller companies may have limited resources they risk falling short of requirements and facing the law’s serious sanctions of up to 4% of global revenue. But there are steps small and medium-sized enterprises can take to comply and limit their exposure to regulatory sanctions. What’s the Challenge for Small and Medium-sized…

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The Countdown Is On – One Year to GDPR & SMEs Lag In Competitiveness and Compliance

This week marks exactly one year until EU individuals will have new rights with respect to how all businesses must protect personal data. Whether a particular business is big or small, based in the EU or based in the US, each must fully comply with the game-changing General Data Protection Regulation (GDPR). GDPR took center stage in Berlin recently, when policymakers, businesses, and regulators from 20 countries met in Berlin at the 7th annual European Data Protection Days conference. Nearly every speaker emphasized the challenges the regulation raises for small and medium sized companies (SMEs) and the critical need for those companies to comply. Companies of all sizes…

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