A multinational enterprise must comply with the data-protection and information-security laws of every jurisdiction in which it operates or whose residents' data it processes. Regulations such as the EU GDPR expressly apply to organizations outside the EU if they offer goods or services to, or monitor the behavior of, people in the EU; similar extraterritorial or local rules exist in many other regions. Limiting compliance to the headquarters country, data-center location, or voluntary standards would leave the organization exposed to fines, legal action, and reputational damage.
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What is the EU GDPR, and why is it significant for multinational organizations?
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What are examples of extraterritorial data protection laws similar to the GDPR?
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How does ISO/IEC 27001 differ from regulatory compliance?