The law related to technology and privacy is changing fast. The European General Data Protection Regulation (GDPR) has an impact far beyond the EU alone and goes into effect May 2018. US companies doing business in Europe need to pay close attention to GDPR. The way you obtain consent is vital to compliance and new reporting guideline means companies must act fast. Failure to comply could result in fines for this act can be upwards of 20M EURO. We estimate that the average cost to litigate a compliant under GDPR to be $214K, per complaint based on our survey sample of 318 similar privacy actions. Also, in March 2018, US the Clarifying Overseas Use of Data (CLOUD) Act passed in the dark of night now further regulating cross-board data requirements in the US. But, there are still many unanswered questioned about privacy and the law. Corporations, big or small, can’t afford to go at it alone. Navigating this complex roadmap requir...
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