The EU General Data Protection Regulation (GDPR) the most important change in data privacy regulation in 20 years – it is going to take time to prepare, and you are better off starting early, and we can help you.
Our data protection specialist says: “GDPR will affect all businesses in all areas. It affects data collected about a business: its employees, customers, and prospects. It affects marketing and day to day interaction. It’s about how data is managed and processed. Businesses need to understand the key changes and how to prepare for them and understand the risks of failing to do so.”
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For more information on any of the information above, give one of the team a call.
GDPR FAQ
What is GDPR?
GDPR came into force on 25 May 2018, and while many of the principles in the new legislation are similar to those in the current Data Protection Act, failure to comply means organisations will face heavy fines.
The aim of the GDPR is to protect all EU citizens from privacy and data breaches, in an increasingly data-driven world that is vastly different from 1995, when the EU previous directive was established.
The GDPR extends the data rights of individuals and requires organisations to develop clear policies and procedures to protect personal data, and adopt appropriate technical and organisational measures and be able to demonstrate compliance.
GDPR Summary
- The regulation came into force on 25 May 2018
- GDPR applies to all businesses processing and holding the personal information of data subjects residing in the European Union, regardless of the business’ location
- Organisations can be fined up to 4% of annual global turnover for breaching GDPR or €20 Million
- It is the most important change in data privacy regulation in 20 years
- GDPR is wider reaching and will take some time and attention – so better to start early if you want to ensure compliance
GDPR definitions and acronyms
We have put together the following list of definitions and acronyms which we know come up a lot within the information provided:
- GDPR - General Data Protection Regulation
- DPA - Data Protection Act 1998 (UK)
- EU - European Union
- ICO - Information Commissioner’s Office (UK supervisory authority)
12-step guide to prepare for GDPR
The Information Commissioner has published a 12-step guide to encourage businesses to prepare, click here, which highlights the key steps to take now.
