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New EU data protection laws to force global business strategy rethink


"Two-thirds of global companies will review their business strategies in European countries in light of the coming General Data Protection Regulation (GDPR), a survey has revealed.

Underpinning this is costs and practicality, with 68% of respondents claiming the new regulation will dramatically increase costs of doing business in Europe, and over 50% feeling they will not be able to fulfil the requirements set out by the EU.

Ovum, a global analyst firm, was commissioned by collaboration Software as a Service (SaaS) provider Intralinks to survey 366 IT decision makers across Europe, the Americas and Australasia on how prepared companies are for pending data regulations, and whether they intend to adjust cloud and business strategies.

‘New regulations, such as the GDPR, are seriously worrying global businesses,’ said Alan Rodger, senior analyst at Ovum.”


NCC Weekly News Update 8 December 2015 



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