A hacking incident involving the personal information of 143 million Americans generated headlines this past week. Employers should be aware of their obligations in responding to security breach incidents.
U.S. multinational employers and their EU subsidiaries have little time to spare before starting to address compliance with the EU's General Data Protection Regulation.
The EU's General Data Protection Regulation, while designed primarily to update current law to address the digital economy, will impact every aspect of the employment relationship, including the processing of payroll for all employees located in the EU.
Since the European Court of Justice declared invalid the Safe Harbor agreement between the U.S. Dept. of Commerce and the European Commission for the transfer of personal data, hundreds of U.S. multinationals have been struggling to find an alternative.
