Since our last article on GDPR in March, all of the new regulations have been put in place and are now in full effect as of May. Despite this, some businesses have not taken the time to look into these new regulations and as a result are facing heavy fines reaching into the hundreds of thousands of pounds or even up to twenty million euros.
What Is GDPR? The General Data Protection Regulation was put into effect on 25th May 2018 and was made as an extension of the updated 2018 Data Protection Act. It also replaces the 1995 Data Protection Directive. The GDPR has introduced a range of new regulations which have changed the ways in which a business can carry out marketing campaigns and how they can collect user data. These new regulations include:
What Actions Can Warrant Fines & How Much Can They Be? Over the past few months, many companies have become subject to penalties under the GDPR. The maximum penalty for infractions against the GDPR can reach up to €20,000,000 or 4% of the business' annual turnover, whichever is greater. Although the maximum fine has not been given yet, many companies large and small have been receiving penalties. Some of the fines that have been given are:
How Can You Protect Yourself? It is highly advisable that you familiarise yourself and others in your business or organisation, with the new laws and legislations that are part of the GDPR and other data protection laws. By doing this you can begin to understand what you should avoid doing in order to keep your business operating within the lines of the law. You can also start to put in place measures that will prevent any breaches of data protection laws from happening inside your firm. You may need to dedicate a member of staff or hire additional staff that can focus their efforts on ensuring that your business is compliant with the new data protection laws. Their responsibilities could include maintaining security both physical and digital to prevent any unauthorised/unlawful access to user data. Keeping up to date with user preferences whether they are only allowing certain means of contact or none at all, this must be put onto a file so that their privacy is respected. Another responsibility could be creating meetings that inform all staff of the GDPR regulations and the severity of the penalties that can be given if breaches are made. We are assisting companies to help them ensure that their data is accurate, up to date and opted in, in accordance with the new data legislation. If you hold a database of customers it will need to be brought into line with this new legislation. If you would like to speak to us about our GDPR services we are currently offering businesses, then do get in touch us.
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