Posted by: Paul Foster
GDPR is undoubtedly strict, but not impossible and the fines for failure are large!
So, what is changing?
Fines for non-compliance are increasing significantly and will will reach an upper limit of €20 million or 4% or annual global turnover – whichever is higher.
For example, the fine for TalkTalk’s data breach would have been €20m under GDPR legislation instead of the £400,000 they were fined. The threat of insolvency or even closure as a result of GDPR penalties will soon be very real.
Are you ready? Because in less than 12-months you will need to comply with GDPR.
- How secure is your data?
- Legacy security systems just won’t cut it anymore.
- Are you able act within hours or days of a data breach occurring?
Brexit makes no difference, as the legislation covers any companies worldwide who are trading in the EU and so the UK must adopt the same standards.
How do you plan on managing this, because if it’s in-house (you must have deep pockets) then you will need to increase your budgets to do things properly. Finding and retaining the right employees is also going to be extremely challenging.
Given the complexity of modern networks, managing this in-house will be very difficult and extremely expensive. So you need a managed service.
Doing nothing isn’t an option. Please contact me Paul Foster firstname.lastname@example.org or call me on 01908 048806 to discuss your options.