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Re: None

Thursday, 05/24/2018 1:06:17 PM

Thursday, May 24, 2018 1:06:17 PM

Post# of 112647
So just to clarify what May 25th GDPR deadline means and doesn't mean. The EU is not going on a witch hunt after May 25th to search for businesses not in compliance and to fine them. What this does means is for any business who gets hacked or has a data breach of data on or after May 25th will be subject to huge government fines if they are not in compliance with new GDPR regulations. This will also expose businesses to huge law suits besides hefty fines. The date that is going to be most significant is the first time a business that hasn't upgraded to GDPR compliant software and they get their data breached after May 25th. Once the press reports it and they are made an example of. Everyone will panic and stumble over each other to become compliant.