If you’d like to watch the debate from the FT Cyber Security Summit Europe that took place on 21 September 2016, click hereRead More
Category Thought Leadership
Debate: “The European Union’s new data protection rules will impose unnecessary burdens on businesses – Yes or No?”
Business leaders are worried that the European Union’s General Data Protection Regulation (GDPR), scheduled to come into effect in early 2018, will seriously harm their commercial interests. It will force them to improve the privacy rights of EU citizens and report data breaches within three days, rules that will be difficult and costly to comply with. Penalties for non-compliance could be as high as 4% of global turnover. However, British businesses could be spared the hassle if Brexit means the UK does not implement the Regulation.
Research conducted by GO DPO®, the strategic partner for the Henley Data Protection Officer (DPO) Programme, estimates that around 7,000 large companies (employing in excess of 250 employees) will need to recruit and train at least one DPO each over the next 24 months irrespective of whether or not the UK votes to leave the EU.
On the basis that there are a total of 496 working days (excludes public and Bank Holidays and all weekends) between now and when the EU General Data Protection Regulation (GDPR) comes into full force on 25 May 2018, that means there will be a requirement to train around 14 ...Read More
Research on the increase in secondary costs as a result of new regulatory burdens imposed on organisations as a result of the forthcoming EU General Data Protection Regulation (GDPR) has exposed a hidden danger.
The costs of insuring against a breach of contract, litigation costs incurred as a result of cyber-attacks and compensation claims made by millions of customers for breach of their personal data records is set to escalate insurance premiums by as much as 150%, warns Martin Hickley, Director of Data Protection at GO DPO® EU Compliance, a specialist executive training company.
Hickley says: “It’s well known that most organisations impacted by the GDPR are dangerously under insured and only about 10% of them have adequate cyber insurance...Read More
It’s not as easy as it looks, is it? And that goes for the differences between the Data Protection Act (DPA) 1998 and the forthcoming EU General Data Protection Regulation (GDPR) on course to gain consent from the European Commission, European Parliament and European Council of Ministers in early January2016.
That means it will be fully implemented at the end of 2017 after the 2-year transition period expires.
Once GDPR has achieved agreement, the Data Protection Directive 95/46/EC is repealed and the basis for the DPA 1998 has effectively been removed.
The legal position as to what happens during the transition period is still to be worked out but by far the safest course of action is for organisations to comply fully with the data protection principles enshrined under the GDPR, given t...Read More
Each day more and more comment is emerging on the lack of preparedness of business to deal with the forthcoming EU General Data Protection Regulation (GDPR) and the need to put education and training on the top of the business agenda – and you may find these two very recent news items of interest and helpful.
We’ve been briefing a Member of the Government’s Treasury Select Committee a few weeks’ ago when we highlighted the issue of GDPR is simply much bigger than a digital marketing issue under ICO’s remit reporting into the Department for Culture, Media and Sport (DCMS).
Check out this recent news item
We strongly support the idea of a debate in the British Parliament about the role that the British Government and in particular the role that the Department for Business, Innovati...Read More
This week the blogosphere went into overdrive with the news that the non-binding legal opinion of the Advocate General of the European Court of Justice claims that EU user data transferred to the US by various technology companies is a violation of current EU data protection and privacy laws.
Even before this opinion, the European Commission was already attempting to re-negotiate the Safe Harbor Agreement with the US. The Advocate General observed: “If the (European) Commission decided to enter into negotiations with United States, that is because it considered beforehand that the level of protection ensured by that third country, under the safe harbour scheme, was no longer adequate.”
And of course, he’s impeccably right in this regard.
The cornerstone of this highly influential leg...Read More
Yes, how many years can some people exist
Before they’re allowed to be free?
Yes, how many times can a man turn his head
Pretending he just doesn’t see?
Yes, how many times must a man look up
Before he can see the sky?
Yes, how many ears must one man have
Before he can hear people cry?
The answer, according to Dylan is blowin in the wind.
Back in 1962, Blowin’ in the Wind became the anthem of the civil rights movement. In fact, Peter, Paul & Mary performed it on the steps of the Lincoln Memorial in August of that year, a few hours before Dr Martin Luther King delivered his ‘I have a dream’ speech.
Years later, Dylan explained that the song can mean whatever you want it to mean. But there’s no getting away from the sentiment that it asks questions about what’s wrong with the world...Read More
City law firm Allen & Overy has just produced this Guide for HR Directors: “Data with Destiny” as part of its Big Think Programme.
What organisations need to start doing today
First, make sure they are ready to comply with a stricter and systematically different regime – and many are not yet anywhere near that position.
Second, and more importantly, they must not lose sight of the bigger prize that is on offer to them if they put data to use in innovative ways, in particular the huge potential of HR Big Data Analytics…
The firm sees Data Protection Officers (DPOs) as essential in leveraging this opportunity.
Companies should start recruiting DPOs NOW
DPOs must perform their duties independently, meaning that they must not take instructions from anyone else internally, but they are ...Read More
Not a subject that you think would stir strong emotions? Well, actually you’d be wrong!
When marketers at Kraft began researching consumer attitudes towards the product, they found surprisingly deep emotions.
It turns out that a substantial number of people love Miracle Whip. And many can’t stand the stuff!
Back in 2011, with this consumer insight, Kraft launched a high profile US ad campaign that made a virtue out of this schism, using celebrities like Paula D fromJersey Shore and the political pundit James Corville.
Some people in the ads praised Miracle Whip’s yumminess, whereas one person said they would end their relationship if he found out his girlfriend ate the stuff an...Read More