The General Data Protection Regulation (GDPR) will replace the current Data Protection Directive 95/46/EC. This new regulation was approved by the European Parliament on April 14, 2016, it will not apply until in the UK until 25 May 2018, but it does require companies to start preparing now.
The government has confirmed that the UK’s decision to leave the EU will not affect the commencement of the GDPR.
Breached companies will find the fines they face have increased dramatically, penalties will reach an upper limit of €20 Million or 4% of annual global turnover – whichever is higher.
For many business, the threat of insolvency or even closure as a result of GDPR penalties will soon be very real.
The GDPR applies to both automated personal data and to manual filing systems where personal data is accessible. Almost any data about a person that is collected may be considered personal data and as such, fall into the GDPR regulations. This is much wider than the current Data Protection Act’s definition.
Practical Networks Ltd has developed along with our partners a single product that can do a full GDPR assessment on your company’s data network. This involves an initial assessment and then a 15 day data discovery and mapping exercise. Once these phases have been completed we will present a detailed document of the discovered Personally Identifiable Information that is being processed by your company.
If you wish to discuss this further please complete our GDPR Questionnaire below and someone will get in touch with you.
Or if you prefer contact us at firstname.lastname@example.org or call 01723 587240.