CCR Magazine
The European Parliament passed the final vote for the new General Data Protection Regulation (GDPR). These approved new data protection rules will strengthen online privacy, streamline legislation between the 28 member states and boost police and security cooperation. Notably, the regulation includes tougher penalties for companies in breach of EU data protection law, with fines of up to 4% of global turnover, and a requirement for companies to disclose personal data breaches within 72 hours. Alex Cruz Farmer, our VP of Cloud said that this is a great step towards the regulation of data loss, creating a penalty for businesses who choose to not invest in proper security. To read the full article, please click here.
