With just a few days to go before the European Union’s General Data Protection Regulation comes into effect, companies are scrambling to be compliant.
A great many organisations are unlikely to meet the deadline, with an estimate made by management consulting firm Oliver Wyman had estimated that the EU would reap about US$6 billion in fines from organisations that were not in compliance during the first year.
Below are some comments from companies as they try to get ready for what is the biggest change in laws governing personal data anywhere in the world.