This post was also written by Nick Tyler.
The new proposed EU Data Protection Framework looks set to implement dramatic changes to the landscape and to affect any organisation that does business in the EU or that handles the data of its citizens. It has the potential to create even more regulatory burdens on business despite promoting a more self-regulatory regime. Although the new Framework is in draft and is making its way through the legislative process, it makes for sobering reading because failure to comply could result in sanctions of up to 5 percent of an organisation’s annual worldwide turnover.
To view the entire alert, please click here.