In March 2014 the European Parliament voted overwhelmingly in favour of a new EU Data Protection Regulation. This new regulation focusses on protecting personal data and carries heavy fines of up to 2% of worldwide annual turnover, or up to €100 million!
If you or your customers customers are individual persons, for example in legal or accounting and work for them on professional matters then this could apply to them. If there is electronic collaboration, perhaps using consumer services like Dropbox or Skype then it's time the use of these was reviewed to bring this collaboration within the new regulations.
The tech space is wide, so email, document sharing, instant messaging and USB drives will all fall into the scope of the GDPR which is scheduled to come into play in May 2018.
There are several things you can do to mitigate risk of breaching the GDPR and to lesson the financial impact (fine) for any breach.
- Encrypt email and documents
- Move to secure business grade collaboration
- Start protectively marking your data
Contact us for more information and solutions to help with compliance with the GDPR.
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