Preparing For GDPR: Implications & Preparations for EU-based Firms (Webinar Replay)
With 252 days until the biggest change to the data protection regime in the EU since the 1995 Data Protection Directive comes into force, many firms operating in Europe are just starting to get ready or still trying to understand the gaps they need to address to comply with the General Data Protection Regulation (GDPR).
The GDPR represents a substantial overhaul of data protection legislation: the accountability principle will mean firms will need to examine how they hold and use data and take steps to demonstrate compliance with the data protection principles; implied consent is no longer going to be acceptable, nor will opt outs; the heavily publicised right to be forgotten will become a reality; and fines for breaches will be significantly higher - up to 20 million euros or 4% of global annual turnover, whichever is greater.
With so much information to digest and with only eight months left to prepare, Eze Castle Integration’s Chief Compliance & Security Officer, Bill Tan, and Director of Service, Simon Eyre, hosted a webinar to walk through the preparations required for GDPR as well as the implications & preparations for EU-based firms. During the webinar, our speakers covered:
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The challenges ahead of GDPR
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Consent, data accessibility, third parties and documentation
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How the new EU-US privacy shield fits in with GDPR
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Data breaches and notifications process
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How GDPR will affect the way you store data in the cloud
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Practical steps firms should take to prepare
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Insight into how Eze Castle Integration has prepared for GDPR.
