Important changes to the way you handle the data of EU citizens.

The most important change in data protection legislation is happening next month – are you ready?

25th May 2018 marks a historic day in data protection history, a day which has been a long time coming, yet many business owners are still unprepared.

What?

The EU general data protection regulation (GDPR) is a new set of standards which have been set by the European Union to protect its citizens privacy and to keep them safe from data breaches. Any business (whether based within the EU or not) who holds data belonging to any EU citizen could be liable of a fine up to 20 Million Euro.

Why?

The EU is serious about cyber attacks. It values its citizens data enough to insist that their personal data is stored securely and to a standard which is already enforced within the EU.

When?

25th May 2018 the GDPR will kick in. We advise that if your business currently holds data belonging to any EU citizens (or intends to as your business grows) that you speak to a member of our team. We are working hard with a number of our international clients to ensure that their data handling procedures meet GDPR standards.

What will happen if my business doesn’t comply with GDPR?

A huge fine, most likely – with a maximum fine of 20 Million Euro for a major data breach. Also, you may find it hard to insure your business, if indeed you hold the personal data of EU citizens and don’t ‘tick the boxes’ required to hold said data.

How do I ensure that my data handling complies with GDPR?

Firstly, don’t worry. You’re not on your own if you’re caught a little unaware of these changes.

Secondly, get in touch with us using the form below. We specialise in providing insurance compliance checks for small, medium and large businesses, as well as government agencies. Our team are highly skilled and are fully trained in the requirements which need to be met to adhere to GDPR standards.