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Rubrik -  - GDPR: Beyond the Hype

General Tech

GDPR: Beyond the Hype

Much ink has been spilled in the run-up to the General Data Protection Regulation (GDPR) and its potential impact on businesses all around the globe. With the deadline for compliance nearing, it’s important to take stock of where you, as an organisation, are on your journey to GDPR readiness and understand what steps are needed to safeguard yourself from possible negative impacts after May 25th, 2018. While the implementation date is set, it’s widely agreed that many aspects of GDPR and its implications have yet to be fully determined; even the European Commission recognizes this. While the new regulation provides a single set of rules directly applicable to all EU member states, there is still a great deal of enablement work to be done at the country-level. The Commission is dedicating EUR 1.7 million to fund data protection authorities and train data protection professionals. A further EUR 2 million is available to support national authorities in reaching out to businesses, in particular small and medium enterprises (SMEs). Who is off the hook? Talking about SMEs…some people have stated that companies with fewer than 250 employees do not need to comply. While it is true that some obligations don’t apply to…