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Mimecast simplifies compliance with the EU data protection act
The new European Union General Data Protection Regulation (GDPR) is prompting a sea change in the way organizations work with personal data, including information contained in email and contact databases. This data protection law gives EU residents the ask companies for any information that has been stored about them. It also allows them to withdraw their consent to its use, in which case organizations would be obligated to destroy the information.
The penalties for failing to comply with this data protection act are steep – as much as £20 million or 4% of total yearly worldwide revenue. And these GDPR requirements affect any company doing business with you residents, no matter where the organization is based.
The deadline for implementing changes required by the data protection act is May 2018, providing companies with very little time to transform the way they manage personal data in order to achieve GDPR compliance.