AS you may know already, the European Union General Data protection Regulation (GDPR) will reform, modernize and it replaced the 1995 EU Data Protection Directive. The objective is to harmonize data protection rules across 20 EU member states by creating a single, comprehensive EU data protection framework for the processing of and free flow of data with a one=stop shop mechanism for enforcement. The reform aims to give control to EU citizens and strengthen consumer trust in digital economy.
The new law has been voted and published in 2016 and will be effective on May 25th 2018. However, according to Gartner, more than 50% of companies affected by GDPR will not be in full compliance with its requirements.