New Data Protection Regulations
(EU GDPR,
California Consumer Privacy Act)
Julie Nichols Matthews
Jason Schwent
Lathrop Gage LLP
Who does the GDPR affect?
The GDPR not only applies to organisations located within the EU but also applies to organisations located outside of the EU if they offer goods or services to, or monitor the behavior of, EU data subjects. It applies to all companies processing and holding the personal data of data subjects residing in the European Union, regardless of the company’s location.
What are the penalties for non-compliance?
Organizations can be fined up to 4% of annual global turnover for breaching GDPR or €20 Million.