The European Union’s General Data Protection Regulation (GDPR) goes into effect in May 2018, which means that any organization doing business in or with the EU has six months from this writing to comply with the strict new privacy law. The GDPR applies to any organization holding or processing personal data of E.U. citizens, and the penalties for noncompliance can be stiff: up to €20 million (about $24 million) or 4 percent of annual global turnover, whichever is greater. Organizations must be able to identify, protect, and manage all personally identifiable information (PII) of EU residents even if those organizations are not based in the EU.
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