The EU General Data Protection Regulation aka GDPR comes into force as of May 25th, 2018. If you havent started your preparations to be compliant yet, you are in trouble. The threat of a bill equal to 4% of global revenue is very real, and one that blatant rule-breakers should be afraid of. However, the data protection authorities do not want to hit every single company with a massive fine. They simply want you to show you’re doing something.”]
Source: https://www.csoonline.com/article/3260210/beware-the-gdpr-vaporware.html