The new General Data Protection Regulation (GDPR) comes into force on 25 May 2018 and applies to all entities that process personal data. The new data protection law requires all these companies to inform data subjects of the legal basis for processing, the retention period and the transfer of their data. Companies are also required to document all personal data processing activities and keep a record of them. Security and data processing procedures are now stricter, in order to guarantee the confidentiality and integrity of data and prevent loss of information. Entities that fail to comply with the new regulation are liable to a fine of up to 20 million euros, or 4% of annual turnover, in the most serious cases. To help you prepare as well as possible for the new data protection law, Openlimits has prepared several resources that will help you understand how far along you are in implementing the new regulation and learn all ...
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