Dirhams & Dollars

If you haven’t heard about GDPR, you might want to hold on. Those four letters are about to upset every industry that uses data in, near or around Europe. The GDPR, which stands for the General Data Protection Regulation, is a European Union regulation that gives people a say over how their data is used and heavily penalizes companies that fail to comply. And we mean HEAVILY. Failure to comply can cost a company up to €20 million, or 4% of their worldwide annual revenue, whichever is higher. We bring Eamon Holley, a lawyer for DLA Piper who specializes in legal compliance, to help explain what this complex regulation means for data driver businesses everywhere.