The General Data Protection Regulation (GDPR) is definitely coming into law in May 2018 and will financially penalise organisations that are based in or operate from the EU that are not GDPR compliant.
A business that is not GDPR compliant could face a fine of €20m or 4% of its annual turnover.
Organisations need to start preparing as soon as possible to make preparation less costly.
The GDPR will touch all areas of an organisation and all staff will need to be educated.
Training will be essential to ensure staff understand what’s expected of them, how to respond and how to handle data.
The GDPR Conference Europe will be a deep dive one-day event that will focus on the likely impact GDPR will have on business critical processes and provide a framework to Keep your Organisation GDPR Compliant.
Compliance with GDPR can also be a business opportunity for organisations who get it right to present themselves as trusted, responsible and ethical.
Consumers understand that they need to share some of their personal data with organisations but they rightly expect that information to be kept safe and for organisations to be transparent about its use.
GDPR is coming, ready or not, and ignoring the regulation until it becomes enforceable in 2018 could be a costly mistake.
In October, secretary of state for culture, media & sport, Karen Bradley MP, said: “We will be members of the EU in 2018 and therefore it would be expected and quite normal for us to opt into the GDPR and then look later at how best we might be able to help British business with data protection while maintaining high levels of protection for members of the public.”
GDPR Conference Europe will help businesses to prepare to meet the requirements of the GDPR ahead of May 2018 and beyond.
Further information and conference details are available at www.gdprsummit.london
The GDPR Summit Series has been specifically designed for business generalists rather than data protection or privacy specialists and will provide delegates with a comprehensive picture of the new regulations and a practical understanding of the implications and legal requirements needed for compliance.