There has been a rush to get organized and compliant in time for the May 25 deadline when the EU data privacy law General Data Protection Regulation comes into effect. Non-compliance with the GDPR could cost you — fines of up to 20 million euros (around $23.7 million) or 4% of the total worldwide annual turnover of the preceding financial year, whichever is higher. If you collect or process any personal data, then you need to think about the following things on an ongoing basis.”]
Source: https://www.csoonline.com/article/3273425/the-gdpr-is-a-journey-not-a-destination.html