EU General Data Protection Regulation

EU General Data Protection Regulation

On 14/04/2016 EU Data Privacy had been approved the regulation which is, nowadays, mandatory. However companies have 2 years to carry out its suitability before receiving an economic penalty for not having completed it.

On 04/05/2016 EU Data Privacy regulation had been published in the official bulletin of the European Union, after 20 days (25/05/2016) the new EU Data Privacy regulation became official.

The General Data Protection Regulation (GDPR) have big economic penalties which will start to be real after 2 years this regulation was approved so: May 2018

Penalties of 10 millions or up to 2% of global turnover for the previous year and 20 millions or up to 4% of global turnover for the previous year are established

I created a presentation where I explain in details this topic, you can see my presentation here:

 

 

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