March 27, 2018 — Parsons Behle Lab today announced that it has launched GDPR IQ (www.gdpriq.com), an automated online platform that generates the legal documents companies and nonprofits need to comply with the European Union’s (EU) General Data Protection Regulation (GDPR). It is the first automated tool that assesses an organization’s GDPR needs and generates the complete set of required GDPR policies, procedures and proof of compliance documents.

“Millions of businesses and nonprofits in the United States interface with Europe and will be required to comply with the GDPR by May 25th,” said Kimball Parker, president of Parsons Behle Lab and an attorney at Parsons Behle & Latimer. “With the compliance deadline fast approaching, we recognized that small to midsized businesses, as well as nonprofits, need an affordable, timely way to generate the voluminous legal policies and documents necessary to comply. What would take an attorney months and potentially cost hundreds of thousands of dollars now takes minutes with GDPR IQ, for a fraction of the cost.”

The GDPR is an EU directive that governs how organizations collect and process the personal information of individuals in the EU. Research by security firm HyTrust shows that 78 percent of the millions of affected U.S. businesses and nonprofits do not have a plan in place to be compliant by the deadline. Penalties for noncompliance can scale upwards of $24 million or 4 percent of their annual revenue, whichever is greater.