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General Data Protection Regulation

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In recent years, data protection has become an increasingly contentious issue. More and more companies are concerned about privacy. It will be even more of an issue when General Data Protection Regulation kicks in. The GDPR was agreed to last year after four years of negotiations. It will have a huge impact on the legal landscape both in the EU and outside, as entities outside the EU that target or monitor people in the EU will be subject to the new laws. Fines for noncompliance are at €20 million, which represents 4% of global annual turnover.

The intent of the new laws is clear. Personal