Are you aware that Data Protection Regulations are going to change in May 2018? Your business will certainly get affected if you hold personal data on individuals in any form. Personal Data includes anything from a name, a home address, a photo, an email address, bank details, posts on social networking websites, medical information, or a computer’s IP address.
If you are a sales executive then life is going to change after 25th May 2018 as soon as GDPR comes into force. Failure to comply could result in fines of up to €20 million or 4% of global annual turnover, whichever is greater. Yes, the figure is indeed intended to scare you.
Once GDPR comes in force from 25th May 2018 it will have profound impact on how all organizations large, medium or small handle, manage and use customer data. Even if your website simply collects data on EU citizens, you must comply or face fines up to €20 million or 4 percent of global annual turnover.
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