General Data Protection Regulation (GDPR) comes into force 300 working days from the 1st January, 2017. GDPR impacts any organisation with more than 250 employees that controls or processes personal data of European Union citizens.
GDPR is being viewed as a fundamental change to existing data protection rules. With potential fines of up to 4% of worldwide turnover, as well as the cost of redressing impacted customers and managing brand reputation, GDPR should be a major compliance requirement for organisations in 2017.
Recognising that getting started and tracking progress to compliance is difficult and complex, we are delighted to announce that Dufrain, Gordon Dadds Financial Markets and New Leaf Advisory are working together to provide a comprehensive end to end approach to assist firms in navigating through GDPR and achieving compliance.