GDPR Impacts Your US Business
The European Union (EU) implemented new data protection rules known as the General
Data Protection Regulation (GDPR) on May 25, 2018. But these new laws reach beyond EU
borders and impact large corporations to small and medium-sized businesses in the US.
Feeling the Effects as a US Business
Though GDPR is an EU-based legislation, the guidelines impact your organization if you
are handling the personal data of EU citizens--no matter where they are located. If
your business processes any EU personal data, you need to get compliant.
The Risk of Non-Compliance
A fine of $23 million or 4% of the global annual turnover of a business (whichever is
the greater) can be imposed, with likely higher reputational damage resulting too.
Equip Your Business for GDPR Compliance
GDPR is already affecting US business, and it's just the beginning. As data security
and protection become top priority for the US and Global marketplace, companies need
to stay up to date on the best practices, new laws and superior solutions to keep
information secure. Find all your data and privacy protection solutions at
Fellowes.com.
Do you want to know more about GDPR in general and what it all means?
Please download our GDPR whitepaper here.