IT Governance, the leading supplier of cyber security and data privacy products and services, is urging companies to comply with the new European Union General Data Protection Regulation (GDPR), which was approved by the EU parliament yesterday.
The GDPR, designed to give EU citizens better control over their personal data, was finally approval yesterday after four years of discussion. Organisations within the European Union or those working with EU data subjects’ personal data will need to comply with the new Regulation and implement appropriate measures to ensure improved data security.
Alan Calder, founder and executive chairman of IT Governance, says: “Now is the time for organisations to take action and start the process of complying with the new Regulation. Decision-makers and senior management need to appreciate the impact the new EU GDPR can have on their organisations. Companies should review their current privacy practices and put a plan in place for making any necessary changes before the GDPR comes into force in early 2018.”
The new Regulation will enforce tough penalties: companies will face fines of up to 4% of annual global revenue or €20 million (£15.8m), whichever is greater.
“To avoid costly fines for data breaches, organisations need to take a proactive approach by undertaking a detailed data security audit against the new EU Regulation,” says Calder.
IT Governance’s wide-ranging data protection expertise, combined with a solid track record of helping companies implement data security management standards such as ISO 27001, can help organisations prepare for and comply with the new EU GDPR. IT Governance’s specialist privacy consultancy team can assist organisations with initial EU GDPR readiness assessments, gap analyses and data protection audits.
To find out more about the implications EU GDPR could have for your organisation, please visit the
website, contact the consultancy team directly at servicecentre@itgovernance.co.uk or call us on +44 (0) 845 070 1750.