In May 2018, the European Union’s General Data Protection Regulation (GDPR) went into effect, threatening fines up to 20 million euros for non-compliance. Here are Nortal’s top 10 tips on how to secure and maintain compliance, avoid fines, and view these regulations not as a burden, but as an opportunity.
GDPR makes it clear that individual people are the owners of their personal data. People have the right to know what kind of data has been collected about them, and what the party holding the data has done with it. The law also obliges companies, upon request, to stop using personal data or to hand it over to the individual.
If your business is not yet GDPR compliant, now is the time to act. These important EU regulations are currently legally-binding, and steep penalties may result from non-compliance. The sooner you get on board, the better. There is no better time than now.
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