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Which compliance standard should a company consider if both controllers and processors have legal entities in the EU?
Correct Answer: B
The General Data Protection Regulation (GDPR) is the compliance standard a company should consider if both controllers and processors have legal entities in the EU. The GDPR applies to any organization that processes personal data of individuals within the EU, regardless of where the organization itself is based. This regulation imposes strict rules on data handling and provides robust protection for personal data. References: * GDPR is designed to protect data privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA areas.