In response to the ever-increasing number of high-profile data breaches, lawmakers and regulators around the world are enhancing existing data security compliance requirements, implementing new legal frameworks and defining new data security regulations to respond to increasing internal and external threats.
In December of 2015, the European Union agreed to a draft of one such legal framework known as the General Data Protection Regulation, or the GDPR. These new requirements will go into effect May 2018, but this year is an important one to prepare for compliance as this regulation affects every business offering goods or services to EU citizens regardless of where the company resides.
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