The European General Data Protection Regulation (GDPR) will become law across Europe on 25 May 2018. These new rules apply across the board from public authorities to small and medium-sized businesses.
The GDPR applies to the handling of personal data. Personal data is all data relating to a living individual who can be identified from that data. Think about names, addresses, e-mail addresses, social security numbers, bank account numbers, etc.
Non-compliance could result in fines as much as 4% of your global turnover or € 20 million, whichever is higher – as well as a damaged reputation for your business. Your organisation cannot afford to take risks with the personal data they hold.
Businesses have to implement technical and organisational measures to make sure data is processed securely. This applies to all personal data, whether held electronically or as paper documents.
Do you want to know more about GDPR in general and what it all means? Please download our GDPR whitepaper here.