EU’s new data protection regulation: more rights for individuals, colossal challenges for businesses
The General Data Protection Regulation, or GDPR, may sound like one more arcane package of rules coming from Brussels, but saying it’s “a big deal” does not even begin to cover it. The directive will affect every company inside the EU, as well as those outside the EU, doing business with EU citizens when it comes into effect on 25 May. Preparing for it requires quite extensive legal and IT resources. Aurelija Rutkauskaitė, attorney at the legal firm Triniti, and Stein Ove Sektnan, managing director at customer relations management firm SuperOffice, acquainted the attendees of the monthly European Business Network business breakfast with the challenges of meeting the GDPR and offered tips how to deal with them. […]