Anyone Doing Business in Europe Needs to Tune In – #GDPR
The GDPR regulation not only impacts companies in Europe but also those in the U.S. and the rest of the world that do business in Europe. Find out how HPE Gen10 can help you get ready and avoid massive fines.
The new General Data Protection Regulation (GDPR) in Europe goes into effect in May 2018, and indications are strong it will likely be enforced more strictly with much higher financial penalties than US regulations. Is your company ready—have you applied sufficient protection to your sensitive customer information?
It’s important to consider that the regulation impacts not only companies in the European Union and the United Kingdom, but also those in the US and the rest of the world that do business in Europe. Given the massive fines and penalties (up to 20 million euro or 4% of a company’s revenue, whichever is greater), there’s a sense of urgency to prepare now for the new regulation.
Each business bears the responsibility
At HPE, we are sensitive to the regulatory needs of our customers around the world and have implemented many IT security controls that assist with GDPR compliance and other regulations. It’s important to realize, however, that any company doing business in Europe bears the full responsibility of complying with GDPR. We emphasize this point because many customers are pushing the responsibility for compliance back to their infrastructure manufacturers.
Read the entire article here, Anyone Doing Business in Europe Needs to Tune In
via the fine folks at HP Enterprise.