It seems to me as organisations are forging ahead to be compliant by 2018, this new wide-ranging and challenging obligation needs a practical and universally agreed solution. Otherwise we are going to embark on a era of satellite litigation of what constitutes “reasonable steps” – against a backdrop of ever changing advancements in technology.
The solution may not rest with the lawyers alone (boo) – but a combination of legal drafting and a Blockchain platform which allows transactions/smart contracts to be created off-chain in stake channels, which protects people’s privacy.
We are in a strange new world. Who would have ever envisaged 20 years ago that lawyers (who are renowned technophobes – hence the reason why they became lawyers) and computer scientists (who love having to consider every analytical possibility when designing a code) would become ideal business partners …