The months leading up to May 25, 2018 produced a steady barrage of articles urging organizations to get ready for the GDPR and warning about the consequences of failing to comply.
After May 25? . . . To be honest, not much. There are still lots of articles — “Tips For What Comes After,” “What to Watch For” — but no big stories. And therefore, it has been tempting to take a bit of a snooze.
But not so fast. Just because the headlines haven’t been filled with stories about violations and massive fines, that doesn’t mean you can sit back and do nothing if you’re operating within reach of the GDPR. The GDPR became fully enforceable on May 25, 2018, and fines for non-compliance can reach up to 20 million Euros or 4 percent of an organization’s annual global turnover for the preceding financial year, whichever is higher.
While it’s too early for these fines to have been imposed, it’s not too early to take another look at the GDPR and then strategically determine what you still need to do to ensure that your systems and processes are protecting your organization and your customers’ data.
Our advice? If you come under the GDPR — which is binding and applicable without the need for national governments to pass any enabling legislation — do your homework, shore up any deficiencies, and take whatever measures you need to become compliant or to maintain compliance.
And remember: While there are challenges to the GDPR, there are also opportunities, including the opportunity to create visibility and control over the data in your systems as well as the opportunity to build greater trust with your customers.
To help you out, we’ve put together this catalogue of 45 useful and informative resources that provide guidance on an extensive array of GDPR-related issues and topics. Read more “45 Useful and Informative GDPR Presentations & Resources”