Data protection has been in place in the UK since 1984, and whilst it has seen change since that time, it is about to undergo what many regard as the biggest change since the late 1990s.
In its last update in 1998, the Data Protection requirements were amended to reflect the world around it, but that world has changed a great deal since then.
In 1998 the internet was a different place as well, the large search engines weren’t nearly as powerful as they are today (Google for example was founded in 1998), and social media wasn’t even a phrase. With such fundamental changes to the amount and opportunity for organisations to collect and process personal information, it’s no wonder that some regard EU data protection regulation to be long overdue for an update.
Boards, directors and officers have to understand GDPR and the impact that it will have on their business, and to ensure their compliance with the new requirements. With the May 25th 2018 deadline fast approaching this, is for many organisations a top priority topic, spurred on by the threat of the massively increased fines which are part of the GDPR, (these can be as high as the greater of 4% of global revenue or £17m/€20m).
So the change is coming, but are you ready?
Join ICO Commissioner, Elizabeth Denham at the IoD Digital Strategy Summit on Tuesday 17 October for an inspirational presentation on how to move from a mind-set of compliance to a mind-set of commitment: commitment to managing data sensitively and ethically.
Following this a practical ‘method in the madness’ workshop with Darren Wray, CEO of Fifthstep in partnership with Opentext, will give delegates the opportunity to learn how to create advanced, secure and transparent data storage for customer data; preparing for all circumstances and how to become a trusted business for customer data, even in worst case scenarios.
The IoD Digital Strategy Summit: Book your tickets now