Yes, absolutely and here’s why… In the fifth of our blog posts about the upcoming GDPR (General Data Protection Regulation), we’re looking at what Brexit means for GDPR.
By definition, GDPR is an EU data protection standard that applies to all businesses that deal with the EU. However, despite Brexit, British companies are still expected to comply with the rules of GDPR.
Just because we’re leaving the EU doesn’t mean we aren’t affected by it. Britain will still continue to take its lead from the EU for data protection, so British businesses will continue to be affected by these changes. If you’re unsure if your business falls under GDPR regulations or not, ask yourself these 3 questions:
- Is your company based in the EU?
- Does your company handle data concerning any EU-based individuals?
- Does your company do any kind of business with organisations that can answer yes to the previous questions?
If the answer to any of these questions is ‘yes’, GDPR applies to you.
You’ll also need to consider how regularly you deal with personal data – including that of past and present customers, suppliers, stakeholders and employees. If it’s a routine occurrence, you should be making changes fast and adapting to the new rules. Get prepared early!
You can find more information at the Information Commissioner’s Office.