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GDPR what it could mean for you.

GENERAL DATA PROTECTION REGULATIONS

Are you prepared for GDPR?

The general data protection regulations (GDPR) comes into force on 25th May 2018 and replaces the Data protection Act (DPA)

There are significant implications for all businesses that you need to plan for now, irrespective of the outcome of Brexit negotiations.

Failure to comply with GDPR could mean the following penalties could be imposed for personal data breaches.

Under the DPA the highest possible penalty was £500,000

The record fine was TalkTalk £400,000

The new fines are:-

£10 million or 2% of global revenue(for certain breach types) whichever the higher or

£20 million or 4% of global revenue whichever is the higher.

TalkTalk would have been fined £10 million under the new law.

Local government and the likes of the NHS are not exempt from the new regulations they would still face the harshest fines.

So if you would like to know more please contact me John Munton 01733 895900 or 0784 300119

or Mark Povey Certified EU GDPR Practitioner 01733 895900 or 07740 171986.