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The General Data Protection Regulation (GDPR) puts regulatory teeth into longstanding governmental guidance about how EU member states handle personally identifiable information. This level of regulatory overview of personal data is unprecedented and will require companies to ensure the highest levels of-of privacy protection or suffer dire financial consequences.

The aim of the GDPR is to protect all EU citizens from privacy and data breaches in an increasingly data-driven world that is vastly different from the time in which the 1995 directive was established. Although the key principles of data privacy still hold true to the previous directive, many changes have been proposed to the regulatory policies...