Online Learning Update

April 11, 2018

GDPR: What you need to know about the new data protection laws

Filed under: Online Learning News — Ray Schroeder @ 12:05 am

by Nick Richards, Training Journal

The GDPR is all about protecting the rights of individuals, with data use and responsibility at its core. The new legislation will replace the Data Protection Act 1998 and firmly puts the burden of proof on businesses, whilst empowering individuals to take control of their data. The price for failing to be GDPR-compliant is high – hefty fines await those who fail to meet the new standards. The maximum penalty for breaching GDPR is €20m or 4% of a business’s global revenue, whichever is greater. Add to this the associated reputational damage for your business following a data breach, and it becomes clear why becoming compliant for the GDPR rollout in May 2018 is absolutely essential.

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