Brexit is set to happen on January 31, 2020, bringing many changes to businesses operating in the UK and the EU. Negotiations for Brexit began in 2017, when the UK announced it was invoking Article 50 of the Treaty on European Union after UK's EU membership referendum in 2016.
With the UK's exit from the EU comes substantial challenges for businesses as they try to ensure their transition is on the right track.
Businesses will need to implement a considerable amount of structural, hierarchical, recruitment, operational, and corporate changes in their business model to survive Brexit successfully. Unlike the EU'S General Data Protection Regulation (GDPR), where the norms and regulations were perfectly defined, the effects of Brexit on the UK's data management are still uncertain.
With the complications businesses will undergo post-Brexit in mind, this guide will assist businesses in understanding their data management challenges and how they can overcome them efficiently.