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In May 2018, the European Union’s General Data Protection Regulation (GDPR) will come to effect, threatening to charge fines of up to 20 million euros for organizations that fail to be compliant. Here are Nortal’s 10 tips on how to avoid the fine and how to see this development as an opportunity.
GDPR makes it clear that individual people are the owners of their own personal data. People have the right to an overview of what kind of data has been collected about them. And what the party holding the data has been done with it. The law also obliges companies to stop using personal data or to hand it over to the person upon request.
If you only just found out about GDPR, don’t panic, there’s still time to get your business in compliance with the new rules. But you should not push dealing with this issue any further into the future as you have less than 300 business days left to become compliant. The sooner you begin your journey, the better. There is no better time than now to get a move on.