There’s been a lot of FUD around the GDPR – Fear about what it’s going to cost to become compliant and what it’ll cost you in fines if you don’t, Uncertainty about how it applies to your particular organisation and how to go about becoming compliant, and Doubt about whether, after all this expense and trouble, it’s going to be of any benefit to your business.
A GDPR365 presentation for the Institute of Chartered Accountants of England and Wales that showcases how this thorough GDPR compliance management tool assists companies to manage their GDPR compliance programmes.
The GDPR allows for EU member states to make some derogations (changes to how the data privacy law will be enforced) and as we get closer to the May 28 date of initial enforcement these changes are becoming clearer. Let’s look at some of the member states to see what they’re doing.
With all the hype about May 25, many organisations are seeing the date as a GDPR deadline. But it’s not. The implementation date is the starting line for ongoing compliance with the EU’s new data privacy regulation. From this date forward, organisations are expected to be able to show they have systems in place that will continue to meet GDPR compliance
2018 is the year the General Data Protection Regulation (GDPR) kicks in. But how many organisations will be ready by the May 25 deadline?
According to a survey run by multinational cyber-security provider Kaspersky Lab, only half of SMEs in the UK and EU are even aware of the GDPR and only a quarter are ready for it; many more haven’t begun their preparations for compliance.
If you're in any doubt about whether the processing of personal data you do is within the parameters of the General Data Protection Regulation (GDPR) then you should carry out a DPIA because the penalty for not doing so – when it’s appropriate to – is a €10-million fine, or 2% of annual global turnover, whichever is greater.
It’s crime enough that hackers stole from Uber the personal information of millions of drivers and passengers, but concealing the breach, as Uber did for more than a year, would also be a serious transgression of the law under the European Union’s new General Data Protection Regulation (GDPR) which comes into effect in May 2018.
You must know about the GDPR by now. The European Union’s new General Data Protection Regulation. And that organisations have to become compliant with it by May 2018 or expose themselves to the risk of hefty fines.
Recent research by multinational software corporation CA technologies’ indicates that with little more than six months from the GDPR coming into force, less than half of all organisations have a compliance programme in place.