A storm is coming, one that will affect your margins if you decide to sit on the fence. It is the storm of cyber regulation, namely the European Union’s new General Data Protection Regulation (GDPR), which will dole out penalties to companies who are not doing enough to prevent data breach and loss. It may […]
Feeling overwhelmed with all the work you have to finish by year-end? If you’re involved with business compliance, you have good reason to be. Staying on top of regulatory change is all-consuming: last year, there were 40,000 regulatory compliance updates.
Posted on 23rd December 2015 in HR & Management.
For the first time in 20 years, when the EU’s General Data Protection Regulation comes into force in 2016, we will have data protection laws that are in line with the way businesses handle data. The existing data protection laws were drafted at a time when data was housed in on-site servers and rarely left […]
Posted on 4th December 2015 in Tech & Innovation.
In October, the European Court of Justice (ECJ) ruled that the EU-US Safe Harbour clause, a simple way for companies to transfer data between the EU and the US, was invalid. The 15-year pact was scrapped as a direct result of the audacious legal challenge brought about by 28-year old Austrian law student, Max Schrems.
Posted on 30th November 2015 in International Trade.
Picture the scene: you’ve had to hire a data protection officer, you’ve got a strict plan in place to notify all of your customers about breaches as soon as they happen, all of your data is encrypted and your company now has an insurance plan to help guard against data fines.
Posted on 26th November 2015 in HR & Management.
The Entrepreneurs’ Lunch The Entrepreneurs’ Lunch is a joint initiative between Smith & Williamson and www.freshbusinessthinking.com bringing together a select group of entrepreneurs and business leaders to allow high-level networking and exchanges of ideas. Date: Thursday 21st March 2019 Time: 12.30 – 15.00 Location: Private Dining Rooms of Smith & Williamson Address: 25 Moorgate, London, EC2R 6AY (see map) Speaker: Ajaz Ahmed | […]
Posted on 23rd November 2015 .
One of the many significant changes being introduced by the European General Data Protection Regulation (GDPR) is the requirement to adopt principles of privacy by design (PbD) when creating or revising processes or technology.
Posted on 9th November 2015 in Tech & Innovation.
Responding to the General Data Protection Regulation (GDPR) text agreed today by EU Justice and Home Affairs ministers, the IoD has warned that the proposals could leave businesses of all sizes facing significant burdens and uncertainty from the raft of new obligations.
Posted on 16th June 2015 in General business.