What is GDPR? Everything you Need to Know

Everything you need to know about the new General Data Protection Regulation (GDPR), and what you need to do to get your organization ready for the change!

The General Data Protection Regulation (GDPR) will came into force on the 25th May 2018 and currently, many organizations are still considering the actions to take to become compliant.

Preparing your organization for the efficient handling of Subject Access Requests is a key part of implementing the GDPR.

Why Adopt GDPR for Your Organization?

The GDPR will have implications across any organization; sales, marketing, HR, IT and many other departments will need to understand how it might affect their day-to-day work. Employees from the senior decision-makers downwards will need to be aware of their own responsibilities and obligations.

The reach will also be global, not just restricted to the European Economic Area. Wherever you are in the world, if you are collecting or processing data on anyone in the EU, you will need a strategy. And that’s not just EU citizens, but anyone located in the EU, including travelling on business and tourists, regardless of their nationality or residence.

Non-compliance with the GDPR will represent a breach of a person’s fundamental rights, the consequences of not complying with the regulation will be much more severe than those we’ve seen up until now. The maximum fine will be 20 million euros, or 4% of global turnover, whichever is the higher.

Even though the consequences for businesses are profound and far-reaching, a recent YouGov survey revealed that over 70% of businesses have yet to start preparing for the GDPR.

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