If there’s anything to say about 2018, it’s that the year was rule-laden, from GDPR coming into effect in the UK to mandatory breach notifications in Canada being enforced shortly after the legalization of marijuana. The handling of sensitive data by multinational businesses has become infinitely more complex, according to one expert, since they now have to worry about a variety of international laws and regulations besides those at home.
“Prior to the last 12 months, there were very few international regulations that required mandatory notification to end data subjects, and that’s changed dramatically,” said Graeme Newman, chief innovation officer at CFC Underwriting. “Multinational businesses have a huge patchwork of complex privacy regulations they now have to deal with and comply with and react to. Not only that, but increasing teeth have been put into these regulations.”
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