The internet is about to undergo a major regulatory overhaul.
On May 25, the General Data Protection Regulation (GDPR) — a set of data-handling rules put forth by European Union regulators — will go into effect. The new rules require all organizations — from local governments to giant corporations like Google GOOG, +0.11% and Facebook FB, +0.16% — to take special precautions to protect the personal data and privacy of EU citizens. Any company that has even a single client in the EU will be subject to the rules, meaning the implications reach far beyond the continent and will create changes affecting all internet users.
““Every large organization is global today,” said Rishi Bhargava co-founder of security company Demisto. “Any rule that is applied in Europe will have an effect to US citizens too.”