Now have to follow GDPR regulations which
Now we know that GDPR is intended to give people better control over their own information and set up one single arrangement of information assurance manages crosswise over Europe. In addition, it focusses and covers security, data subject rights, consent and privacy component which are really critical for both businesses and their end users for the long run. Considering Russian e-commerce companies which will not have any impact or effect of GDPR because it does not include regulations in Russian privacy laws but in case of EU companies having subsidiaries in Russia and EU customers engaged with Russian companies will have to face and share double load in terms of controlling and providing their services and processes into compliance. So, if they have EU clients and customers they will have to follow GDPR regulations which means they are in the same boat.