Getting ready for 2018's new General Data Protection Regulation

clock • 4 min read

The countdown has begun to the new EU General Data Protection Regulation (GDPR), which comes into force on 25th May 2018, but many companies are not prepared and lack understanding about how the Regulation will affect them, explains Jo Stubbs.

XpertHR research[i] carried out in May suggests that the vast majority of HR professionals do not have a good understanding of the upcoming GDPR. Some 51% of respondents described their level of understanding as low, with 45% saying they had "some" understanding. Only 4% of respondents said they had a good understanding of GDPR requirements. Given there is less than a year to go, it is imperative employers understand the implications of this new law or they put themselves at the risk of heavy fines, as well as potential reputational damage. The GDPR will require substantial investm...

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