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The European Union recently announced plans to reform its outdated data protection laws with a new privacy framework that could impact so fundamentally the way companies conduct business and expose them to such large penalties that compliance may require comprehensive redesign of company privacy and data security policies across all operations — both inside and outside the EU. This article outlines the proposed regulations and their implications for companies that handle the data of EU citizens.
This article was first published in the February 22, 2012 edition of Law360. Permission for article reprint has been granted.
Ieuan Jolly is a partner in the Advanced Media and Technology Department in the New York office. He can be reached at ijolly@loeb.com or 212.407.4810.
This article was first published in the February 22, 2012 edition of Law360. Permission for article reprint has been granted.
Ieuan Jolly is a partner in the Advanced Media and Technology Department in the New York office. He can be reached at ijolly@loeb.com or 212.407.4810.