Does the new EU Data Protection Regulation affect me?
If you haven’t heard this could be one of the more important things you deal with in 2017.
Called the EU General Data Protection Regulation (GDPR), from 25th May 2018 this new EU legislation will come in to force and many are commenting that this is the most significant reform of the Data Protection law in over 25 years.
The Government has confirmed that the UK’s decision to leave the EU will not affect delivery of this important and far reaching change and this regulation will replace the UK’s current data protection laws (Data Protection Act 1998).
The regulation reveals many new and considerably higher standards of transparency and accountability about how data is collected, retained and processed alongside how that data can be used.
To ensure accountability fines are increasing from the current maximum of €500,000 to €20m or 4% of global turnover.
This new regulation will potentially affect every business which collects and uses data, particularly if that data is collected online and for larger businesses will require them to appoint a Data Protection Officer.
The EU has greatly expanded the definition of personal data under GDPR, including for example any online identifiers such as IP addresses and including broader economic or cultural information collected.
The new regulation which passes automatically in to law in May 2018 affects everyone collecting, storing or using personal data in almost every form.
The best way to ensure compliance and not fall foul of the new laws is to make a start now.
May 2018 might seem a long way off but we all know how quickly time moves in business.
Start by reviewing your current arrangements for data protection and get yourself up to speed on the new requirements and how you can ensure you meet these standards.
You could of course read up on the regulation through your own research such as the Information Commissioner’s Office website (use this link: https://ico.org.uk/for-organisations/data-protection-reform/overview-of-the-gdpr/) or you could attend one of our range of training courses to help you, and your staff, understand the regulations and help you identify what your organisation needs to put in place.
You can view our range of Certified EU Data Protection Regulation (GDPR) courses by using the link below:
Don’t delay, get yourself protected today!