The new General Data Protection Regulation (GDPR) comes into force in May 2018.
The new regulations, relating to personally identifiable data of EU citizens, are intended to update existing data protection laws. The world has changed significantly since the Data Protection Act was introduced in 1998. Social media and smartphones were the stuff of science fiction, and Google and Amazon were start-ups. The GDPR aims to bring data protection in line with contemporary technologies and “make Europe fit for the digital age.”
They include:
Yes, if you handle or store personally identifiable data of any EU Citizens. This applies to Data Controllers (who determine the purposes, conditions and means of the processing of personal data) and Data Processors (who process data on behalf of the controller). Personally identifiable data includes employees and B2B prospects/customers so don’t assume you are immune from the GDPR if you don’t sell to the public.
Data Processors share the same obligations as Data Controllers, but face additional duties and liability for non-compliance, or acting outside of instructions provided by the controller. Data Processor duties include:
Personally identifiable data includes information such as:
No. The regulations apply to personally identifiable data belonging to EU citizens, regardless of where the company processing or controlling the data is located. Furthermore, the regulations come into force on 25th May 2018 when the UK is likely to still be a member of the EU. Government announcements suggest that the UK will adopt EU regulations as part of domestic legislation.
This is an approach that has been adopted by many businesses with respect to similar regulations and compliance regimes. Unless the regulations or their enforcement changes from the current proposals, the fines will be significant – up to 4% of global turnover or €20 million (£16.9m), whichever is higher. The fines are intentionally high to discourage companies from taking this approach.
Some of the current risks that a company faces, especially with respect to their supply chain, can be mitigated by contractual amendments. IT Lab believe, however, that a large part of the work required to understand the risks is related to process and data architecture mapping and technology controls and procedures. Many of the risks can also be mitigated by adapting IT architecture and solutions.
It's important that companies understand the risks to their data and how to minimise them. With our experience in data and process mapping, business systems, technology infrastructure and cyber security, IT Lab is well placed to support this process.
We have created a GDPR Audit Guide designed to help you assess the impact of the new laws and plan for compliance and ongoing management.
Download the GDPR Audit Guide for more details
To request an GDPR audit tailor-made for your organisation please contact us contact us today.