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GDPR Compliance: A Data Remember, or Delete, for Tech Firms

Tech companies, large and small, are scrambling with last-minute preparations for compliance with the European Union's General Data Protection Regulation (GDPR), which goes into effect May 25. Some are shuddering over fears of impending chaos–not to mention stiff fines–from tech's Day of Reckoning in Europe, but many are embracing it as an opportunity. Some 76% see it as a chance to create new business opportunities through improved data practices with clients, yet only 36% expect to be fully compliant with GDPR rules, according to an IBM survey of 1,500 business leaders worldwide that was released today.