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The European Union’s impending General Data Protection Regulation has been giving legal departments plenty of headaches, even though the new data security rules don’t go into effect for almost six months. With companies potentially looking at fines as steep as 4 percent of their annual global revenue and facing questions around whether to utilize privacy impact assessments or if there’s a need to appoint a data protection officer, for instance, there’s no doubt much to do ahead of the May 2018 deadline.
Jennifer Williams-Alvarez is based in New York and covers corporate law departments.