Submitted by christian on Fri, 10/20/2017 - 17:16
Tech companies are already counting the cost of sweeping EU rules on data protection (General Data Protection Regulation) that will come unto effect across the EU next May. The sector is scrambling to hire new staff and redesign products as it faces millions of dollars in higher costs and lost revenues. The new General Data Protection Regulation will require businesses to adopt stricter standards for dealing with customer data.