After a whole lot of discussion and debate, new general data protection regulations have been approved by the European Parliament. In what has been described as a watershed moment for enterprise IT, the unification of Europe’s multiple data protection regulations into one common law signals a new beginning for businesses and consumers alike. Although it’s expected that the rules won’t be officially enforced for another two years, organizations will need to start preparing now to ensure compliance, with failure to do so potentially costing up to four percent of annual worldwide turnover. Andrew Dyson, partner and co-chair of DLA Piper’s international… [Continue Reading]