US companies scramble toward GDPR compliance
More than half of U.S. multinational companies list the GDPR as their top data privacy compliance priority, said PwC. R Street Institute Director-Innovation Policy and General Counsel Mike Godwin said the GDPR — which EU Delegation to the U.S. Counsellor Aymeric Dupont called a new baseline on the protection of consumer data in the EU — will result in the emergence of the data protection officer (DPO). The demand for that position is growing rapidly, as companies need to keep abreast of technology and algorithm strategy. Tech lawyers will be in high demand under this new regime, Godwin said. The International Association of Privacy Professionals said the GDPR will require at least 28,000 DPOs to achieve compliance in Europe alone.