If you have or haven’t heard of GDPR (General Data Protection Regulation) that is a European Union law that will be in effect on the 25:th of May 2018. This regulation will affect all companies working with citizens of EU, do many companies will be affected not only Companies with offices within the EU.
So if your company is within EU or work with EU citizens this affects your company.
Why should you bother, well the board of directors of your company will. Because the company can get a fine of 4% of your total revenue and your company can be stopped from handling personal information about European citizens. And that includes information about customers, partners and suppliers.
Why is this implemented
We send out more and more information about our personal information and companies has forgotten that they have only borrowed this information and they can’t do what they want with this.
And with all data breaches in mind a better knowledge and understanding about security would probably have prevented many of them.
I will continue to monitor this area and write about this
Feel free to give your comment about GDPR or contact me if you have any other questions