5 Things to Consider if You are not GDPR Ready

GDPR is a regulation that makes businesses to secure the personal data and privacy of EU citizens for transactions that occur within EU member states and non-compliance could cost companies dearly. New data regulations came into action on 25 May 2018 conditioning how businesses can manage their customer and prospective customers’ data. The majority of European businesses will be affected by the EU’s General Data Protection Regulation (GDPR), whether the UK remain part of the EU.
The incoming General Data Protection Regulation (GDPR) launch is a trending topic at the moment. Being a massive change to data protection laws in years, including the deployment of substantial penalties for companies breaching the rules, i.e. the legislation is in such a way that if you get caught, you’re in a lot of problems.
One of the significant problems with the GDPR is that many people don’t have a proper idea about what they require to do to assure that they’re in full compliance. That’s why we’ve done the hard work for you by bringing everything you need to know together into a single blog post.

Still not sure how GDPR will apply to your business?

This list contains the essentials about the European Union’s privacy regulations that have already taken effect in May this year.
  1. It has already come into force
    The deadline for GDPR compliance was Friday 25th May 2018 which has passed, and any company that’s not in full agreement after this date could find itself on the receiving end of some steep penalties including massive fines.
Read More: https://www.wisdomplexus.com/blogs/5-things-consider-you-not-gdpr-ready/

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