There has been lots published about GDPR this week and rightly so. Companies must comply with GDPR by 25 May 2018. This is less than 365 days away - even less in working days! So all of the media and social media attention is warranted. Take for example this article by Silicon Republic. It contains some really interesting stats and advice.
There are also lots of events going on across the country to assist businesses in becoming aware of their obligations and what they need to do. Check out the GDPR Awareness Coalition for which Leman are an ambassador. It is a not-for-profit, fixed-term initiative, established in February 2017, to assist in raising awareness of the data privacy obligations for companies big or small, from the global multinational to single employee traders, as a result of implementation of GDPR on the near horizon.
Check our their website for more information. http://gdprcoalition.ie. You can also follow the hashtag #SimplyGDPR to keep up to date.
My advice is to of course inform yourself on the new regulation, but more importantly, you should actually get started on a practical basis. The first step is a major one that should not be overlooked - carry out an audit of what personal data you collect and process and why. It really is the baseline for anything else you need to do. Without it all of your other efforts will be pointless. Yes, it will take some time so plan that time now. Then you can confidently confirm to anyone who asks that you are working towards GDPR compliance.
If you need advice on data protection and GDPR compliance please contact a member of our Employment Law & Data Protection Team:
Disclaimer:This article is for guidance purposes only. It does not constitute legal or professional advice. No liability is accepted by Leman Solicitors for any action taken or not taken in reliance on the information set out in this publication. Professional or legal advice should be obtained before taking or refraining from any action as a result of the contents of this publication. Any and all information is subject to change.
A BT Ireland survey by Amárach Research into large domestic and multinational organisations found that 63pc of CFOs are surprisingly oblivious to GDPR and what it could mean. However, it may not be that bleak. A study of IT professionals by services company Ergo found that 84pc of companies are taking measures to be prepared, and more than half are confident that they have a good understanding of what GDPR will mean to their businesses when it comes into force in May next year. Around 43pc of companies believe that GDPR requires “substantial change” within their organisations, while 50pc are planning “minor change”. Around 8pc are expecting no change at all.