If your organization collects EU residents’ personal data and you aren’t compliant with the EU GDPR (General Data Protection Regulation), you’d better start preparing.
The GDPR, which came into effect on 25 May 2018, introduces strict rules on data collection, and contrary to popular belief, it applies to any organization in the world that collects EU residents’ personal data. Failure to comply with the Regulation’s requirements could lead to fines of up to €20 million (about $23 million) or 4% of annual global turnover – whichever is greater. Granted, fines of this magnitude will be reserved for the worst offenders, but even modest penalties could lead to long-term financial and reputational damage.
Where should you begin?
If you’re among the organizations that aren’t yet ready, there’s no need to panic as long as you act soon. Regulators will show leniency to those that demonstrate they are taking steps to meet the GDPR’s requirements. Of course, that’s easier said than done, as simply knowing where to start is a daunting proposition.
We understand this, which is why we’ve created a variety of free resources to help you wrap your head around the Regulation. A good place to start is our webinar: Do I need to comply with the GDPR? What North American organizations need to know about data privacy.
As well as covering the essentials of the GDPR, including which organizations are within scope and what information it applies to, the webinar will also discuss how the Regulation relates to North American organizations, including:
- How the GDPR compares to U.S. and Canadian data protection laws, and how to meet both sets of requirements as effectively as possible
- How the EU-US Privacy Shield fits into the equation
- How North American organizations can transfer personal information in and out of the EU
- Whether you need an EU representative
Sign up for our webinar
Do I need to comply with the GDPR? What North American organizations need to know about data privacy. will take place on Tuesday, October 9, 2018 at 2:00 pm (EDT). If you can’t make the presentation, it will be available to download from our website, where you can also browse our previous webinars.
You can also preview our upcoming presentations, including the rest of our GDPR series. There will be four more presentations between now and the end of the year, each one covering a specific aspect of the Regulation.