Promontory Senior Principal John Bowman authored a January 2016 Privacy Laws & Business article about the EU General Data Protection Regulation’s potential impacts on businesses, outlining some reforms that businesses should be aware of as they begin preparing for the new rules, including consent, right to erasure, right to object and profiling, data-breach notifications, data protection officers, and One Stop Shop. He also offers some steps for businesses seeking to get an early start on managing the transition to the new regime.
“Regardless of its claimed benefits and costs, businesses from all sectors should be aware that the GDPR will bring significant changes to their data processing activities. The two-year window before the new rules apply may seem generous, but compliance could prove more time-consuming than anticipated due to the length and complexity of the GDPR and the significant expansion of obligations on data controllers and processors.”
For the full article, please click “read more” below.