The GDPR Ripple Effect On Global Data Security Compliance

The race to comply with the European Union's General Data Protection Regulation (GDPR) by the May 25 deadline is over, but data security and privacy is a marathon, not a sprint. If the ever-evolving regulatory compliance landscape is any indication, GDPR is just the first of many mandates to come. Although it certainly has been a headache for many organizations — with large firms allocating an average of $20 million to $25 million to become GDPR compliant — the GDPR is the catalyst for a much-needed global, all-encompassing data security and privacy law. This is something we need sooner rather than later.