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New Penalties for Mishandling Data

from CSP Daily News

New efforts overseas to protect consumers could mean hoops to jump through for retailers in the United States—or the risk of fines up to $25 million. Collecting the personal data of European Union residents will become more legally complicated as of May 25 when the EU's General Data Protection Regulation goes into effect, and the protection expands well beyond the EU's borders. At its core, the regulation requires any business or other organization to seek the permission of EU residents before they collect or use data from said resident. But that's not nearly the whole story. more

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