The General Data Protection Regulation (GDPR) is an important topic of
conversation for U.S. companies. Since its inception, the GDPR has raised a
number of questions about whether businesses are prepared to comply. It
was adopted on April 27, 2016, and allotted a two-year postadoption grace
period for businesses to strategize and implement their own compliance.
With less than two months left, it's been estimated that 61% of U.S.
businesses aren't ready for the regulation and that only 67% of European-
based businesses have begun moving to the implementation phase of their
GDPR-compliance program. The potential fines have many concerned about
compliance as the May 25, 2018, date of enforcement approaches, but many
businesses are struggling to fully understand the regulation and thus are
failing to launch a comprehensive plan.
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