As of December 2015, an agreement was reached between the European Parliament and the council, following more than 90% of Europeans stating that they want the same data protection rights across the UK. Regardless of where data is processed, this will soon be a reality as the reform package will put an end to the patchwork of data protection that currently exists in the EU.This update means that the law is still on track to be approved in early 2016, with companies having roughly 2 years before the law is firmly in place after this.
What is EUDPR?
In June, all 28 Member States agreed to a Pan-European data protection law (EUDPR) putting an end to each individual member being responsible for enforcing data protection solely within their own country.
Allowing for the usual bureaucratic hitches, EUDPR has already entered its trial phase and in 2017/18 the law will become fully active. The key points of this new legislation propose fines of up to €100 million or 5% of an organizations turnover.
This is a country mile away from a hypothetical threat; data breaches contain the real world capability to cripple an organisation on every level. There is also a hefty dose of insult to serve as a side dish to injury, the Data Owners will be liable but so will the company or individuals that actually manage and process the data; this includes all cloud and digital service providers.
What you need to do?
Adherence to EUDPR is now a critical component to the safety of all types of data, not to mention your exposure as an individual and as an organisation. The ICO has been banging this well-intended drum for years now and the introduction of EUDPR means that they’re now equipped to do their job and do it well. Therefore the importance of knowing your risks as they stand today, where the gaps reside and what a path to compliance resembles, has never been greater.
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Related Article: EUDPR – Will You Be Ready?