In May next year, a major data law will come in and your business needs to get ready now. It’s called GDPR (General Data Protection Regulation) and this will replace the Data Protection Act.
The fines for breaking GDPR are up to a staggering €20million or 4% of annual global turnover, whichever is highest – meaning some steep costs for your company, should you fail to meet the regulations.
The main aim of GDPR is to give individuals a greater level of control over their personal data, meaning that all companies who hold any customer information will be subject to strict rules and guidelines.
You’ll be pleased to know that we’ve written a full guide to give you the full details about GDPR – The best thing is that it is totally FREE and it’s written in understandable English, not tech talk!