Microsoft urges tech coys to comply with EU’s data protection regulation

Technology giant, Microsoft, has urged business firms and government agencies that use cloud technology in Nigeria to comply with the European Union’s General Data Protection Regulation (GDPR).

The Lead Commercial Attorney, Microsoft MEA Emerging Markets, John Edokpolor, gave the advice while fielding questions from newsmen in Lagos.

“Failure to adhere to GDPR requirements can prevent trade and other dealings with EU businesses after the deadline.

“The new legislation is a milestone on a journey into a new era, where data is the fuel powering companies of all shapes and sizes, from all sectors,” he said.

He said as contained in the GDPR (EU) 2016/679), the European Parliament, the Council of the European Union and the European Commission intend to strengthen and unify data protection for all individuals European Union.

According to him, the deadline for compiance with the regulation is May 25, 2018, adding that the GDPR replaces the Data Protection Directive which has been in effect since 1995.

Edokpolor companies within the noted that as increasingly embrace cloud technology, they had an unprecedented ability to capture and store massive amounts of data.

“This is a significant step forward and truly marks the beginning of a new era, one in which data becomes the electricity powering companies”, Edokpolor added.