What businesses need to know about the general data protection regulation and its relevance to cyber security.
It is the biggest change in data protection law in 20 years. On 25 May 2018, the European Union’s General Data Protection Regulation (GDPR) comes into force – replacing the UK’s 1998 Data Protection Act (DPA).
The scope of the new regulation is wider and penalties for failing to comply more onerous. The latter could amount to as much as 4 per cent of a company’s global turnover or €20m – whichever is greater.
No company will be immune. UK businesses will soon find themselves rethinking their data storage and security procedures.
To find out more please download our 'Are you ready for the GDPR?' report below.
Head of Media Relations & Content, QBE International