GDPR: Should Financial Institutions Be Comfortable?

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Financial institutions are accustomed to be handling massive volumes of personal information in a consistently compliant manner. However, their impressive regulatory track record is leading them into a false sense of security regarding GDPR-preparedness. Employee-created data stored in file shares, for example, could cause fines of up to 4% of global annual revenue without structural changes. What can organizations do to address all the loose ends?

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