Does your business or website have ties with citizens of the European Union? Do you employ an EU citizen? Do you take leads on your website from outside the US? Do you scan or receive new leads and contacts from trade shows? Or maybe you have students that are EU citizens?
If you answered yes to any of these questions, then you will be affected by the General Data Protection Regulation (GDPR) that goes into effect May 25, 2018. New regulations change the way EU citizens’ personal information is handled. Non-compliance can result in fines up to 4% of a company’s annual revenue.
Personal data extends beyond a name, identification number, or location number. It includes “one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person.”
Here are six key requirements of GDPR that will impact your business and technology strategy:
• Be transparent about what is being collected as well as its use
• Gain each person’s consent
• Allow persons to retract consent easily
• Erase all personal information when requested
• Maintain a record of processing activities
• Provide collected information to the individual upon request
You don’t have to be burdened by these regulations. The Twin State networking team is ready to assist you with your compliance needs. One solution we provide is Microsoft’s Office 365. It offers information protection for GDPR compliance. Call us so we can help mediate your risk of non-compliance.
Twin State Technical Services