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The global regulatory environment for data protection is increasingly complex and the penalties for noncompliance are higher than ever. Adding to this mix, enforcement of the EU’s General Data Protection Regulation (GDPR) begins May 25, 2018. Failure to comply with GDPR comes with substantial financial penalties, which could range from the greater of 2 percent of a company’s global revenue or €10 million for certain violations, to 4 percent of global revenue or €20 million for other offenses.

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