Is Your Business Ready For GDPR?
Are you ready for GDPR? Do you know the implications for you and your business? The General Data Protection Regulations (GDPR) are everywhere – in the news, on social media – there are seminars and lectures that you can attend and if you haven’t heard about GDPR, you perhaps have been stranded on a desert island for the last 2 years. We are on count down for 25th May and there’s not long to go. But just in case you have missed it, PSD Net, a disaster recovery and backup company based in Tonbridge is bringing you some of the main points.
Every Business Has To Conform
It doesn’t matter the size of your business or the industry that you are in, everyone has to comply with the new regulations regarding the secure collection, storage and usage of personal information. If you handle or collect contact details of any kind, you need to comply with the new regulations.
What Are The Objectives Of GDPR?
It’s aimed at:
- Giving citizens and residents back control of their personal data
- Simplifying the regulatory environment for international business by unifying the regulations within the EU
GDPR is designed to encourage all companies to think seriously about data protection and that’s a good thing! It’s important to note that even though the UK has voted to leave the EU, UK business will still have to comply with new regulations if the data they handle is about EU citizens.
Know Your Data
You will need to know what data you have, where it is stored and how you will be processing it. It will not affect your ability to communicate with your customers with operational business, it just means you will have to keep your data updated and only keep it for as long as it is legally required.
What You Have To Do
- Audit your data
- Get rid of old data securely
- Review and make any necessary changes to your privacy notices (website and email)
- Check recipients of email campaigns want to receive communications – opting in
- Consider cyber data insurance
- Encrypt your data for maximum security
Penalties For Non Compliance
Personal data can only be gathered legally, under strict conditions, for a legitimate purpose. Failure to comply with the new regulations could result in harsh penalties with fines of up to £500,000 although the fines could be up to €20 million or 4% of annual turnover, whichever is higher.
What To Do Next
If you have any general queries regarding GDPR, PSD Net will be pleased to help. We are the specialists in keeping the data you hold secure, so do get in touch with us to learn more about an easy and cost-effective way to protect your data. Please call our friendly team on 01622 870293 or email info@psd-net.co.uk
We are looking forward to hearing from you.