The General Data Protection Regulation (GDPR) goes into force today, and it’s very important wherever you’re based to take action. If you’d like to learn more about GDPR including the legal definitions, there's help available. One clear misunderstanding is how this applies only to companies based in the European Union, when in reality all companies who process, store or manage the data of EU citizens are impacted.
Failure to be compliant has substantial financial penalties of €20m or 4% of global annual turnover (whichever is greater), which for some companies could be enough to force them into bankruptcy - don’t make this mistake.
Earlier this week, before the GDPR went into force, Greenwich University in London was fined £120,000 ($160,000) for a data breach of student information (BBC article). Should this have occurred now, the fines would of been substantially more, with the minimum penalty of €20 million. This breach shows the importance of taking data seriously in your organization.
If your website is powered by Scrivito, you can sleep easy knowing Scrivito and our partners Amazon and Netlify are fully compliant. If you’re not already using Scrivito to power your website, perhaps now is the perfect time to give it a spin. With a 30-day free trial, you can experience what we have to offer – without any risk or commitment. Start your free trial today!