The General Data Protection Regulation (GDPR) will come into force on the 25th of May 2018, replacing the existing data protection framework under the EU Data Protection Directive.
The DPC has launched a GDPR-specific website www.GDPRandYou.ie with guidance to help individuals and organisations become more aware of their enhanced rights and responsibilities under the General Data Protection Regulation. Companies, found by the DPC, in breach of these data compliance regulations face huge penalties, with fines up to €20m or 4% of their global turnover – whichever is higher.
There are a number of steps needed to be taken to bring your business to a compliant state. These steps are generally referred to as the 12 steps. However, Step 1 is concerned with Staff awareness as 80% of data breaches are caused by employees. As new data protection regulations come in to effect, it appears that your staff could be your greatest threat. According to the results of a recent study commissioned by DataSolutions, 23% of businesses said they would be forced to close if found to be non-compliant and subject to these financial penalties.
It’s easy to forget that all employees, every single day handle personal data. For example, every time an employee performs a credit card transaction with a customer, or is in possession of a customer’s address, phone number or email address they are handling an individual’s personal data. Make no mistake, this is the biggest threat to your business in 2018.
Assumption of compliance could have a devastating effect on a business. As GDPR compliance is a continuant, penalties will be mitigated based on the training.
For more information on our GDPR Staff Awarness Training, please view the following letter ASI GDPR Letter
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