Are you GDPR Ready?
Mark Wilding CRWM
Managing Director, Concept Management Consulting | CeMAP, GDPR, WAMITAB
Data protection compliance has never been as important as it is today. The EU General Data Protection Regulation (EU GDPR), set to take effect on 25th May 2018, will place significant legal responsibilities on organisations that collect, store or process data.
What does GDPR mean to you?
If your organisation markets to or processes the information of EU citizens, the GDPR applies to you—whether or not you’re based in the EU. And that means you need to understand and start working on a plan to meet the GDPR data protection requirements now.
For the first time, monetary sanctions of up to 4% of global annual turnover will apply to breaches of the regulation. It also includes additional measures to protect the personal data of EU citizens.
If your organisation is collecting, analysing or sharing personal data, you are facing data privacy challenges that put it at risk. With a heightened awareness of the impact of personal data collection and use, increased regulation or new security threats, many companies or organisations are examining ways to successfully manage personal information throughout its lifecycle.
Privacy is a brand issue and you need to protect your brand. And if you’re not prepared to comply with the growing number of global data privacy laws such as GDPR, you could be exposing your company to significant business risk.
We understand the value of data to your business and the serious implications of a data breach. Our team can work with businesses to provide insights and solutions on a range of data protection issues and can help you apply best practice in achieving and maintaining compliance with EU data protection requirements across different regulatory environments and plan and implement measures in preparation for the proposed new EU regulation.
Mark Wilding has qualified as an IBTEQ Accredited GDPR Practitioner and can speak with you, around your particular GDPR requirements. This service is completely free of charge and can initiate the first steps of getting your organisation GDPR ready.
With a potential fine of €20 million or 4% of global turnover (whichever is greater) – contact us today or call us at 01204 363184 about your data protection requirements.