It has a new bogeyman, and its name is GDPR. The upcoming General Data Protection Regulation (GDPR) is coming around the corner fast, and organizations large and small have to get their data in order if they want to avoid some hefty fines.
However, GDPR isn’t all bad news, and the potential benefits for organizations that comply with the new regulation go far beyond simply avoiding fines. It could help transform your business and avoid the reputational damage we see all too often from costly data breaches.
In short, GDPR compliance is a serious endeavour, and shouldn’t be underestimated. Most battle plans will include a full data assessment, a thorough change to business processes where data is being held or processed, some key hires and implementing a framework that is built for ongoing compliance.
Finally, it is worth noting that while GDPR is an EU regulation, the UK government has introduced a new Data Protection Bill in the House of Lords, which will bring the UK’s data laws in line with GDPR, so there is no Brexit escape clause for businesses that are slow to comply. In this guide we lay out everything you need to know about GDPR, some handy tips for how to comply ahead of the deadline, and an example of the benefits that can be gained by getting your data policies in line with GDPR early.
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