Last but not least, fines will be imposed which should be “effective, proportionate and dissuasive”. Quoted from the regulation! Depending on the kind of infringement, there might be monetary penalties from 2% up to 4% of the total worldwide annual turnover, yet not less than 10 to 20 million Euro. That really is dissuasive, isn’t it?
Summing up, the GDPR should not be taken lightly. To ignore or underestimate the regulation would be enormously careless. Or do you want your company to be the precedent which surely will be set?
After having read the list of points and explanations above; are you still sure that your IT environment meets the requirements? If not, please do not hesitate to contact us. Additionally, you may download the following whitepaper from Symantec: