Earlier quoted context omitted.
Having spent this week doing compliance for my small business customers, the cost is not zero but it's really not much at all - I've done full compliance for six companies and it cost less than £250 each (one of those clients is a large NGO). This guy doesn't like regulation and is playing to the crowd for sympathy.
We have spent 3 months and aren't done yet. I would love to know your secret.
Let alone full review of every system and legal review of the DPAs you have to sign and or create with every single co and processor.