In exactly a year from today, on 25th May 2018, EU regulations will bring into effect the biggest changes in Data Protection law for 20 years.
The GDPR (General Data Protection Regulations) will determine the use of personal data by placing rigorous obligations on organisations, like ourselves, who handle personal data. All companies worldwide, who process the data of EU citizens, will be obliged to take data privacy more seriously.
These new obligations will broaden the definition of ‘personal data’, meaning that genetic, mental, cultural, economic or social information will be considered such. There will be changes to the practices of how that data can be collected, stored and used. Additionally a new ‘right to be forgotten’ whereby individuals can request the permanent deletion of their data, which subsequently means process and technology systems may need to evolve. Finally, there will be new requirements surrounding data breaches and increased penalties for those who fail to comply.
Here at Solomon, we are committed to handling data sensitively and ethically - data security is one of our key values after-all! We have already begun taking steps to ensure our compliance and over the coming months we’ll be keeping you up-to-date on this blog with a series of in-depth audits, reviews and policy changes which we have mapped out.
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