General Data Protection Regulation

Europe's New Data Privacy Law has Teeth

Data Privacy

Episode 1490

Europe's new General Data Protection Regulation or GDPR has gone in effect, and it has some teeth as companies who fail to comply will face a fine of 4% of their annual income. Leo says that larger companies could face fines in the millions. Leo also says that companies have 72 hours to report all data breaches and give customers the right to have their data deleted upon request.

Read more at money.cnn.com