Which regulation could cost you 4% of total worldwide annual turnover?
This paper seeks to explain in clear terms what the General Data Protection Regulation (GDPR) is, who it relates to, the consequences of non-compliance, and offer some thoughts on what organisations should be doing before it comes into effect.
Where practical (so as not to confuse the reader with jargon based content), the regulation is referenced directly so that the reader can see clauses and content for themselves, rather than through the writers interpretive ‘lens’.
It should be noted that a detailed reading of the regulation is a matter of priority and this paper seeks only to be a guide in highlighting the importance of taking action to be compliant with the incoming regulation.
This is one piece of legislation you really need to know about.