On 25 May 2018, the General Data Protection Regulation (GDPR) will replace the DPA (Data Protection Act). This will not only be enforced across the UK but also across the EU, and will remain in place despite the fact that the UK is set to leave the European Union in 2019.
There will be a range of implications for the way you operate your business; not least in the way you manage your people.
GDPR is a new EU law to replace the UK Data Protection Act (DPA), a tired and creaking piece of legislation from the nineties that’s no longer fit for purpose in this ever-changing digital age.
In theory, GDPR will give people more protection and control over their personal information. In practice? No one can predict that. But one thing is for sure, you must prepare if you want to avoid a fine.
It affects everybody. But employers at a small or medium-sized business more than most. Because anyone who controls, stores or processes personal information—like you do for your employees—has a raft of new responsibilities.
Failure to prepare for GDPR could result in a hefty penalty. The fine for non-compliance ranges up to €20 million or 4% of a company’s annual worldwide turnover, whichever is greater.
Need more information on how to prepare? Check out this list of twelve steps you can take to get ready for GDPR.
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