8 February 2018
The new General Data Protection Regulations (GDPR) are due to come into effect in May 2018. That’s just around the corner and yet many businesses aren’t ready or they are not aware that they’re even affected. If you run a business then preparing for GDPR’s requirements is not optional. The potential fines are huge.
Small businesses that capture, store and handle personal data may have to make changes to their data handling policies to ensure compliance, and punishments for offenders will be tough. Personal data is information that could identify or help to identify a living person, such as a name, location information or “online identifier” (like an IP or email address, or even social media posts).
The requirements are complex and how you approach them will depend on your industry sector. As a starter for you for own preparations, here are five things you should know.