The General Data Protection Regulation or GDPR is the European Union’s new law on the protection of personal data, applicable from the 25th of May 2018.
Its purpose is to create a single institutional framework for the processing of personal data in all EU Member States, establishing rules for the protection of individuals and the circulation of their personal data.
The General Data Protection Regulation (EU GDPR) applies to any organisation (private and public companies, government authorities, associations, etc.) that holds or processes personal data of European citizens, regardless of their nationality or place of residence.
Penalties for non-compliance with Regulation 2016/679:
Fines are assessed on a case-by-case basis and amount to 4% of the organisation’s global annual turnover or €20,000,000 (whichever is higher). There are also cases where a fine of 2% of the global annual turnover, or €10.000.000 (whichever is higher) is foreseen under Article 83 of the Regulation.
HBI supports your business in its efforts to comply with the GDPR regulation by providing the following services: