General Data Protection Regulation, or known by its acronym, GDPR, comes in to force on the 25th of May this year. If you haven’t heard of it, then you need to find out about it.
GDPR is an EU regulation that requires, or will rather force, all businesses to be able to prove that they protect the personal data and privacy of EU citizens for transactions that are made between and within European Union states. Ignoring this regulation, which comes in on 25th of May this year (2018) will result in brutal penalties and could cost companies dearly.
The types of data GDPR will protect will be..
Basic identity information such as name, address, email address and ID numbers
Web data such as location, IP address, cookie data and RFID tags
Health and genetic data
Racial or ethnic data
The clock is ticking to compliance. Any company, large or small, or even tiny, that stores or processes any personal information about EU citizens within EU states must be able to prove that they are compliant with GDPR, it’s important to note that this applies even if they don’t have a physical business presence within the E.U., Brexit won’t make a scrap of difference on this.
If you are worried that your company isn’t GDPR compliant then contact us now for a no obligation chat on what we can help you with to make sure you get there by May.