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General Data Protection Regulation (GDPR)
General Data Protection Regulation (GDPR)
6.06.2018 Company: PricewaterhouseCoopers Česká republika, s.r.o.
On 25th May 2018 the General Data Protection Regulation came into force, revolutionising the way that personal data are used and handled. Controllers and processors of personal data need to adhere to the new regulation in order to be compliant. PwC can help.
What does GDPR mean for my organisation?
If you are an organisation processing personal data in Europe; or you are targeting Europe goods and services; or you are monitoring the activities of European citizens online, you will need to comply with GDPR.
The GDPR is the largest development to data protection legislation since the European Data Protection Directive in 1995. It will require wide-scale privacy changes in all regulated organisations, and regulators will gain unprecedented powers to impose fines. Nevertheless, the GDPR also represents an opportunity to:
transform your approach to privacy,
harness the value of your data, and
ensure your organisation is fit for the digital economy.
It is essential that organisations are able to demonstrate to regulators that they have robust plans in place to comply.
Stewart Room, Joint Global Head of Data Protection and Global Legal Services leader, PwC UK, discusses the General Data Protection Regulation (GDPR) and its impacts for both entities and citizens | Duration 1:48
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