The GDPR in a nutshell allows individuals who reside in EU member states to make informed and empowered decisions to better control the personal data that’s currently held by companies.
Ripples of concern have been felt on the opposite side of the globe, as far away as Australia. Although many small business owners have thus far dismissed claims of the relevancy of the GDPR – to ignore this elephant in the room would be a huge mistake for your business.
A report by Ernst & Young from earlier this year, Global Forensic Data Analytics Survey, found that less than 12% of Aussie businesses are prepared for the profound ramifications of the GDPR.
We may be far away from the EU over here in the antipodes but don’t let that fool you.
If you’re a small or mid-sized business and you offer goods and services to individuals located in the EU and you retain data about those individuals – your business will need to be compliant to the GDPR.
Non-compliance to the GDPR could result in financial penalties to your business. These include fines of up to £20 million or 4% of global turnover, whichever is higher.
Total Marketing have produced a white paper on everything a small or mid-sized business needs to know about the upcoming GDPR legislation.
Register to download the white paper.
The team at Total Web Design have been working with multinational businesses and e-commerce businesses throughout the world over the past decade. We are completely prepared for the inevitable sweeping changes of the GDPR and are ready to assist our SME clients to become fully compliant too.
If you need help to make your small business GDPR compliant then don’t sweat it! Our team will be able to help your business.