In April 2016, the European Union introduced the General Data Protection Regulation (GDPR), and it goes into effect in May 2018. The regulation aims to create more consistent protection of consumer and personal data across EU nations Any company found to be in violation of the regulation, faces fines and penalties up to 4% of their global annual revenue. 75% face serious challenges in being compliant with the EU GDPR by the deadline, according to a recent survey.”]
Source: https://securityaffairs.co/wordpress/59545/digital-id/gdpr-deadline.html