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The General Data Protection Regulation (GDPR) will replace the UK’s Data Protection Act 1998 (DPA) (and other laws enacted across all Member States to implement the EU Data Protection Directive 1995)
Who does GDPR apply to? To quote the ICO:
For further detailed information we recommend the ICO overview: https://ico.org.uk/for-organisations/data-protection-reform/overview-of-the-gdpr/introduction/
The maximum fine for non-compliance is €20,000,000 or 4% of global annual turnover, whichever is higher. However equally important for organisations to consider is reputational damage. We believe the ICO will agree a period of up to 6 months however if the organisation is unable to address this within this period there is a real risk of withdrawal of permissions.
The deadline is 25 May 2018.
We believe many organisations have yet to consider the full implications of GDPR, and the resources required to comply. We believe that there will be a shortage of GDPR expertise as organisations wake up to the fast approaching deadline and commence the project. There is a limited amount of resource in the marketplace to deal with these issues.
EO Executives takes a global and enterprise view of how data should be fashioned to meet all known current and future business objectives within the evolving regulatory framework. Our team understands the detail and how it comes together as a top level strategy. Maximises value from information by applying due diligence to the management of the quality of data. GDPR impacts most areas of the business, IT, HR, admin, marketing, we look at the impact across the organisation .
EO Executives has built a talent bank of Data Governance, Protection & Privacy Specialists and highly experienced project managers. Our people have excellent communication skills, including: dealing directly with the Regulators.
Programme Managers: Defining and implementing Data Governance
Subject matter Experts in Governance, Risk and Compliance (GRC), Data Protection and Privacy (EU GDPR)
Commercial Real Estate
IT and Services