WHAT IS THE EU GDPR?

The General Data Protection Regulation (GDPR) is a legal framework that sets guidelines for the collection and processing of personal information of individuals within the European Union (EU).

GDPR compliance is not just a matter of ticking a few boxes; the Regulation demands that you demonstrate compliance with the data protection principles. This involves taking a risk-based approach to data protection, ensuring appropriate policies and procedures are in place to deal with the principles of transparency and accountability, as well as individuals’ rights and building a workplace culture of data privacy and security.

With the appropriate compliance framework in place, not only will you be able to avoid significant fines and repetitional damage, you will also be able to show customers that you are trustworthy and responsible and derive added value from the data you hold.

WHAT IS THE PURPOSE OF GDPR?

The purpose of the GDPR is to provide a set of standardized data protection laws across all the member countries. This should make it easier for EU citizens to understand how their data is being used, and also raise any complaints, even if they are not in the country where its located.

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WHAT ARE THE CONSEQUENCES OF NOT COMPLYING TO GDPR?

The consequences of ignoring GDPR are pretty severe. If your guilt is determined and you’re found to be in violation of it, the penalty is a fine, a very heavy fine in fact: €20 million) or 4% annual global turnover of the company, whichever is greater.

WHAT’S THE GCPR COMPLIANCE DEADLINE?

As of 25 May 2018, all organisations are expected to be compliant with GDPR.