GDPR Business Compliance
First of all, GDPR business compliance is now in full effect.
Therefore, it is important for all business in the UK and Europe to be GDPR compliant.
As of the 25th of May 2018, all businesses that deal with data must be GDPR compliant.
As a result, if a business does not comply, they will face a hefty fine.
Fines can be an amount of up to 4% of their annual income, or up to £20 million.
The Information Commissioner’s Office (ICO) is the governing body that regulates data protection in the UK.
According to their website they are;
“The UK’s independent authority set up to uphold information rights in the public interest, promoting openness by public bodies and data privacy for individuals.”
GDPR for Business
Initially, when we were informed about GDPR, we knew we had to do something to protect our business.
Also, we needed to ensure that a system was in place to ensure our clients’ data is protected.
We visited the Information Commissioner’s Office (ICO) and the information was concise, yet vague.
As a result, our company contacted other agents and affiliate companies to better understand the GDPR process.
It felt quite daunting, but we have ensured that all areas for the company’s GDPR Compliance are covered, such as:
- All of our computers’ security upgrades
- Client data securely stored
- All contracts collecting information are compliant
- Website and blog privacy policies in place
In conclusion, GDPR is in full effect as of the 25th of May 2018.
Therefore, if you deal with data, protect your business and your clients’ data.
Avoid hefty fines and keep your clients feeling secure in your business ethics and conduct.
Make sure you can answer any questions regarding your GDPR business practice.
Visit the ICO website if you need to check your progress.