Regional Regulation,
Global
Implication
GDPR is a regulation in EU law that focuses on data privacy. Its primary purpose is to define and unify the rights and freedoms of citizens.
GDPR imposes stiff fines on data controllers and processors for noncompliance.
General Data Protection Regulation (GDPR) goes into effect May 25, 2018
€20 million (~$25 million)
or 4 percent of annual revenue
Fines for noncompliance
~
25M
20M
Source: GDPR, Article 82