How do you get started with GDPR compliance? Coming into full effect on 25 May 2018, businesses operating in Europe, and holding personally identifiable information (PII) on European citizens, must comply with a legislation that promises a dramatic overhaul to existing data protection legislation.
For example, under the new regulation, companies that suffer a data breach face GDPR fines of up to 4 percent of global turnover (or €20 million), while they will need to adhere to changes such as the ‘right to be forgotten’, data portability and data deletion. Some firms may also need to hire a data protection officer (DPO).
Despite these changes being the biggest to European data protection legislation in over 20 years, many organisations are not ready to change. Indeed, numerous surveys have shown that the majority of European firms are not currently GDPR compliant.
Through some simple first steps, businesses can get themselves on the road to achieving GDPR compliance. Watch this engaging whiteboard animation to find out how to embrace GDPR and transform your business.