On May 25, 2018, the European Union's (EU) General Data Protection Regulation (GDPR) became enforceable to companies doing business in the EU.
A year ago, I wrote an article called, Get GDP or Get Fined 20 Million Euros, where I warned about the European Union targeting companies.
Every single day we hear of a new threat out there that means the end of privacy. This comes mostly in the form of social media. You hear the horror stories of how you are being tracked daily. Is this all just conspiracy theory insanity?
Securing sensitive data is one of the most critical things you can do in today’s modern age of online transactions and digital data storage. It’s amazing the number of security breaches that happen, even with well-known and respected Fortune 500 companies. Having your sensitive data hacked and stolen can lead to massive penalties and fines, not to mention the loss of trust from your customers. Losing your customers’ trust correlates directly with lost revenue. Although nobody is