Businesses that have maintained compliance with previous data protection regulations have a short time to upgrade their systems in preparation for the European Union’s General Data Protection Regulation, which comes into force on 25 May 2018.
Whereas previous regulations were looser, GDPR is more precise in apportioning responsibilities and carries fines of up to €20 million or 4% of global turnover for non-compliance. What is more, some of its provisions will apply retroactively to data already collected and processed by organisations. This means that not only will businesses have to develop new versions of their systems to comply with GDPR when collecting and processing new data, but they will have to alter existing systems to apply these changes to existing data.
According to the FT, Facebook is spending several millions of dollars to become compliant, although not every business will have to spend this much. They will, however, have to make sure their IT systems enable individuals to delete data held on them or export it and potentially hand it over to competitors.
With more levels of complexity added to data protection, businesses must give serious consideration to GDPR and what changes to their IT systems they need to make to ensure they comply.
To help businesses understand GDPR and their new responsibilities and to introduce measures to achieve compliance, My Learning Hub has developed a course that can be deployed across an organisation for all employees who need this knowledge. The course is SCORM compliant and can be deployed through existing learning management systems or can be supplied as an ‘out-of-the- box’ solution where the course is incorporated within an entry-level version of My Learning Hub’s LMS.
With months before GDPR comes into effect, My Learning Hub’s course can accelerate the learning needed to introduce changes to save valuable time and avoid any fines from non-compliance after May 2018.