Data protection reform, underpinned by the General Data Protection Regulation (GDPR), means that not only must your business operate and use personal data in line with established data protection principles, you must now also be able to demonstrate legal compliance to the Information Commissioner’s Office (ICO) and to consumers and employees whose personal data your business uses.
The new regime requires a more accountable approach to data protection and privacy involving organisational measures and procedures to ensure compliance, transparency and responsiveness in the face of a personal data breach or a request from an individual data subject to enforce rights.
More details about data protection reform GDPR brings with it new and significant enforcement rights meaning that compliance must be prioritised by all businesses. The ICO’s powers to fine businesses that breach data protection laws have been increased from a maximum of £500,000 to 20 million Euros (or higher for large companies). Enforcement powers also include the ability to restrict data processing resulting in loss of profits and individual data subjects also have bolstered rights under the legislation.
Reform is an opportunity to focus on data protection, improve business processes and get the most from your information asset. Those businesses which can demonstrate an informed and intelligent approach to data protection will gain reputational and commercial advantages in a time where consumers and workers are wary of cyber-crime, identity theft and other risks faced as a result of an economy based on information and technology.
Our data protection solicitors have over 20 years’ experience in dealing with data protection laws. Our experts have keenly followed the progress of reform in this area acknowledging data protection as a key area of compliance for all businesses. Our experts are experienced and knowledgeable and work with clients of different sizes and sectors to provide effective, proportionate and affordable compliance solutions.
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