There is less than a year left to ensure that your organisation complies with the GDPR (General Data Protection Regulation). Until then, depending on variables such as the entity's sector, there are different rules to be applied to ensure compliance with the new European regulation. Organisations that fail to do so risk fines of up to 20 million euros.

To help you understand what stage of implementing the new regulation you are at, Openlimits has prepared an online diagnostic. Take the test and discover the next steps your organisation should follow and how to obtain a personalised plan for your company.

What is the GDPR?

Published on 4 May 2016, the General Data Protection Regulation (GDPR) aims to strengthen the privacy rights of European Union (EU) citizens, restore trust in online activities and better protect consumer data, requiring companies to adopt new methods of processing the data of natural persons.

Who is affected?

All companies that process personal data, that is, that carry out operations involving the data of natural persons. These changes also affect all companies that do business with EU citizens, even if the company is based outside the Union.

What are the penalties for companies that do not apply the new legislation?

If a company does not comply with the regulation, it may be penalised with "fines of up to EUR 20,000,000 or up to 4% of its total worldwide annual turnover" (Art. 83, section 3). If companies do not adopt the right policies to protect the personal data in their possession, they will face high costs and damage to their reputation and to customer trust.

Find out more about the new general data protection regulation with the eBook "GDPR - The Essential Guide".

Written by:
Openlimits

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