What is GDPR and why is it necessary for our business?

GDPR or Regulation 2016/679 of the European Parliament and of the Council are new rules on the processing of personal data which are mandatory for any business as from 25 May 2018

Why is the regulation introduced?

What is the deadline for implementation?

The deadline by which all must have introduced the appropriate measures is: 25.05.2018.

Are there any sanctions?

After 25 May 2018, the maximum amount shall be up to EUR 20 000 000 or up to 4% of the organization’s annual turnover for the preceding financial year.

How do we meet the requirements of the regulation?

Basic steps:
Step 1: Understand the regulation;
Step 2: Analysis and Planning – GAP Analysis, Impact Assessment, Risk Assessment;
Step 3: Implementation;

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