dig a little deeper Let’s into what GDPR means for your business You are required by law to report personal data breaches within three days. If the breach is likely to and freedom, you must tell affect any individual’s rights them. You must be able to demonstrate that you have adequate breach detection, investigation and reporting procedures in place. You must keep a record of any personal data breaches, whether you have to notify the people involved or not. The fines are talking big figures here, up to massive. We’re €10 million or 2% of your global turnover (whichever is greater) for relatively small misdemeanors or million or 4% of global turnover €20 for big ones. If the breach has a detrimental effect on an individual or group, news. it’s really bad You have to necessarily suffer a breach to be don’t fined. You will still have to pay out if you fail to data correctly, fail to provide process someone’s an individual with their data when requested or employ a data protection officer if don’t required.
Let’s dig a little deeper into what GDPR means for your business You are required by law to report personal data breaches within three days. If the breach is likely to affect any individual’s rights and freedom, you must tell them. You must be able to demonstrate that you have adequate breach detection, investigation and reporting procedures in place. You must keep a record of any personal data breaches, whether you have to notify the people involved or not. The fines are massive. We’re talking big figures here, up to €10 million or 2% of your global turnover (whichever is greater) for relatively small misdemeanors or €20 million or 4% of global turnover for big ones. If the breach has a detrimental effect on an individual or group, it’s really bad news. You don’t have to necessarily suffer a breach to be fined. You will still have to pay out if you fail to process someone’s data correctly, fail to provide an individual with their data when requested or don’t employ a data protection officer if required.