The GDPR comes into effect on 25 May 2018, the new regulations apply to all businesses who hold or process personal data, which will impact organisations worldwide.
No matter what the size or location of your business you will need to comply with the new requirement as long as you handle personal data of European citizens.
Furthermore, The UK government has confirmed their intention to incorporate the GDPR into the UK law after withdrawal from the European Union. So Brexit or not the GDPR is here to stay.
Non-compliance does not only mean a reputational risk to businesses but it will also result in hefty financial penalties.
The new regulation is broad, and therefore businesses will need to assess all aspects of people’s personal data security to ensure that they are fully compliant.