The General Data Protection Regulation (GDPR) will be enforced from 25 May 2018 and will supersede the current Data Protection Act (DPA).
UK organisations that process the personal data of EU residents have just over ten months to ensure they are compliant. The GDPR will be enforced before the UK leaves the European Union, and the government has confirmed that the Regulation will apply in the UK.
68% of organisations have not updated processes to comply with the GDPR
The IT Governance GDPR Report 2017 highlights that 68.1% of organisations have not updated their processes to protect new data subject rights. The report analyses data from more than 250 professionals worldwide, identifying the level of awareness, the measures taken to manage compliance and the key challenges faced in complying with the GDPR.
It’s important to remember that the GDPR requires organisations to not only comply with the requirements but also demonstrate their compliance. Organisations found in breach of the Regulation can expect administrative fines of up to 4% of annual global turnover or €20 million – whichever is greater.
IT Governance recently spoke to Christopher Wright, author of July’s book of the month Fundamentals of Information Risk Management Auditing, about his experience with the GDPR. He said: “I think people are still in denial and a lot of projects are kicking off late, particularly in the SME sector. I think there’s going to be quite a rush later in the year to catch up when people realise the level of change coming.”
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You should not underestimate the length of time it will take to dismantle, recreate, adjust and amend your organisation’s current data protection system.
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