The European Union’s General Data Protection Regulation (GDPR) goes into effect in May 2018, which means that any organization doing business in or with the EU has six months from this writing to comply with the strict new privacy law. The GDPR applies to any organization holding or processing personal data of E.U. citizens, and the penalties for noncompliance can be stiff: up to €20 million (about $24 million) or 4 percent of annual global turnover, whichever is greater. Some vendors are offering tools to help you prepare for and comply with the GDPR.
See a roundup of these tools at CSO.