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16: How GDPR Can Impact Marketers w/ Michelle Miles
The fines for violating GDPR are straightforward as well, to the tune of 20M Euros, or 4% of your company’s global revenue, whichever is larger.
That means if you’re a 10B company, you could be looking at up to a $400M fine. So you can see why GDPR is a big deal.
Oliver Wyman predicts GDPR will hit 6B in the first year, and that half of all companies globally will receive fines. PwC estimates that 77% of large US corporations plan to spend more than $1M on GDPR preparations.
Are you convinced that you should be taking GDPR seriously yet?
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By Chris Nixon and Raviv TurnerThe fines for violating GDPR are straightforward as well, to the tune of 20M Euros, or 4% of your company’s global revenue, whichever is larger.
That means if you’re a 10B company, you could be looking at up to a $400M fine. So you can see why GDPR is a big deal.
Oliver Wyman predicts GDPR will hit 6B in the first year, and that half of all companies globally will receive fines. PwC estimates that 77% of large US corporations plan to spend more than $1M on GDPR preparations.
Are you convinced that you should be taking GDPR seriously yet?