Get ready for better data security
If you haven’t already got the right security products in place to comply with new data legislation coming in next year, it’s now essential to review this in full.
The General Data Protection Regulation (GDPR) are coming into force in May 2018 and will affect any organisation that handles EU citizens’ data. Loss or theft of data from next May onwards may lead to an organisation receiving a fine of up to 20 million euros (£17m) or 4% of annual global revenue, whichever is greater.
Recent research has estimated the global cost of cybercrime could reach six trillion dollars by 2021, which makes the safe storage of personal information and secure destruction of confidential data critical to every organisation.
All organisations should set up procedures for data processing activities and ensure all IT systems are robust. Anyone with responsibility for data will be expected to handle that data in line with GDPR.
If you work in the public sector it’s worth noting that public sector bodies have to allocate part of their budget to providing employees with the secure products they need to comply with GDPR, re- training staff and appointing a data protection officer.