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Jun 12, 2018

It takes "thousands of hours" to comply with GDPR, says one tech CEO

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Europe's new privacy rules, called the General Data Protection Regulation (GDPR) are officially in effect. To comply with them, some small businesses and startups have had to put other work on hold while they make sure they’re not in violation. The GDPR…

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It takes "thousands of hours" to comply with GDPR, says one tech CEO

by Molly Wood and Stephanie Hughes Jun 12, 2018
The General Data Protection Regulation has been an "intense" process for some companies.
A European Union flag waves in the wind in Berlin.
Sean Gallup/Getty Images

Europe’s new privacy rules, called the General Data Protection Regulation (GDPR) are officially in effect. To comply with them, some small businesses and startups have had to put other work on hold while they make sure they’re not in violation. The GDPR requires companies that have European customers to get clear consent to gather their information and make data available to correct and even delete it, if the customer asks. And the fines for not complying are huge. Lawrence Coburn is CEO of a company called DoubleDutch that makes mobile apps for conferences. The apps collect location information, demographic data and sometimes contact and job information from attendees from all over the world. Coburn spoke with Marketplace Tech host Molly Wood about how much stress the GDPR has caused him.