GDPR – Now is the time to act!

GDPR - Time to get secure and act now!

 The GDPR – What is it?

GDPR (General Data Protection Regulation) will come into force in the United Kingdom on 28th May 2018 and is designed to give EU citizens greater control over their personal data. Whilst 2018 seems a long way off, businesses who bury their head in the sand could risk significant fines if they do not comply.

A Compulsory framework being implemented across the EU , the regulation aims to achieve the following:

Provide greater consistency in data protection laws.

Provide individuals with greater control of their personal data.

Limit the export of EU citizen’s data to other continents.

Any business who transacts with organisations within the EU, or who hold the data of EU citizens need to comply with the Regulation, meaning that the Brexit vote will not exempe the majority of UK companies from compliance.

What does the GDPR mean for you?

  1. Consistency – There has been a lot of panic, but a single set of rules across Europe should make it easier to comply and to do business in the EU.
  2. Consent –Organisations will need to be able to document the personal data which they hold, where it originates from and who it is shared with. Individuals also have the right to ask for data to be erased.
  3. Penalties –The main cause for concern is with the risk that non-compliant businesses could incur fines for not having their records in order. Fines will consist of a two-tier penalty system which can result in either your business receiving a penalty of up to 20 million Euros or 2% of your global turnover…not to be sniffed at!
  4. Accountability – Knowing the GDPR is now confirmed to affect the UK too provides businesses with an opportunity to reflect on the information they collect, store and significantly transmit, how they collect it and if/how this could affect the individual.

What should you do now?

Whether your business operates within the EU or not a good place to start would be to audit your data storage, back-up and transmission and start to put policies and security measures in place. If you transmit personal information by email or phone, the GDPR requires proof of compliance and strong encryption. When putting security measures in place companies often neglect their voice communications and this will no longer be an option with the onset of the GDPR.

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