The EU General Data Protection Regulation (GDPR) harmonizes data privacy laws and regulations across the EU, enhances data protection for EU citizens, and reshapes the way organizations approach data privacy. The GDPR covers the personal data of every EU person and provides comprehensive rights to data subjects. Every company that works with European employees, customers, or partners must comply with the regulation. Failure to meet the GDPR requirements can result in fines of up to 20 million euros or up to 4% of the company’s worldwide annual turnover for the preceding fiscal year, whichever is higher.
Box addresses GDPR with two products:
More information on GDPR and Box, and how Box enables its customers to comply with this sweeping new data privacy regulation.