We understand that you may be had been worried about the changes you’ll have to adapt to when preparing for GDPR. We are here to support you and your business throughout and after this new change.
What is GDPR?
On 25th May The General Data Protection Regulation (GDPR) replaced the current Data Protection Law which regulates how companies protect EU citizen’s Personal Identifiable Information (PII).
You are probably wondering: does GDPR affect companies outside of the EU?
The GDPR states that companies which aren’t in the EU will still have to follow GDPR if they handle EU citizen’s data or complete any form of trade with them. If businesses do not follow the regulation, they could face fines of up to 4% of annual global turnover or €20 million.
New Data Protection changes…
There’s many new changes which the GDPR introduces, some of these include:
- Consent needs to be sought when processing any ‘Child’s’ Data.
- The new definition of ‘Personal Data’ gives a wider meaning to what data is and involves.
- The rules for obtaining ‘Valid Consent’ have changed.
- All Companies should have a Data Protection Officer/Contact who can be accessed.
- There’s a new ‘Data Breach Notification’.
8 facts you MUST know about GDPR
- It will reform the Data Protection Act 1998 (Data Protection Bill currently going through UK Parliament).
- There are potentially bigger fines for data breaches.
- Even organisations outside the EU may be affected where they handle or process EU citizens’ data.
- ‘Accountability’ is at the heart of the new regulations.
- Businesses should have a clear and simple process when dealing with ‘Data Breach Incidents’.
- Data Controllers will need to report a data breach within 72 hours of discovery.
- The relationship between the Data Controller and Data Processor(s) should be defined.
- You may need to designate a competent Data Protection Officer (DPO)
We are here to help you, and put support in place.
Please do not hesitate to contact us if you have further questions or would like a free evaluation.