Effective May 25, 2018, the enforcement provisions of the
European Union's General Data Protection Regulation (GDPR) take
effect. Arguably, the GDPR is the most sweeping piece of data
protection and privacy legislation to come into force.
This regulation applies both to companies located in the
European Union (EU) that process personal data of its citizens and
companies located outside the EU that process personal data of EU
citizens under most conditions. As a result, regardless of
location, companies should assume that the GDPR applies to their
business if it uses or stores data from EU citizens.
While it is expected that all companies will comply with the
provisions of the GDPR, there are exceptions to the most stringent
requirements for companies with less than 250 employees. However,
these exceptions are specific in nature and careful consideration
must be given before a company decides whether these exceptions are
applicable.