On 25 May 2018, Europe's new General Data Protection Regulation (GDPR) will come into effect, bringing with it a raft of changes to Europe's current data protection regime – including increased territorial scope, new obligations for processors, enhanced accountability requirements, and the threat of significant fines (up to 4% annual worldwide turnover) for those that get it wrong.
Getting "GDPR ready" may seem a daunting task – but with careful planning, project management and prioritisation, it is an achievable one.
Fieldfisher's market-leading Privacy, Security and Information team is on hand to guide you through your GDPR readiness programme. We support our clients through this process using a simple, four-step methodology:
- Understand how your business uses data today
- Assess what needs to change for compliance with the GDPR
- Prioritise the changes you will make
- Implement your GDPR readiness changes
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