Covered Covered Spring 2018 | Page 16

GDPR Dispelling the myths of the GDPR The General Data Protection Regulation (GDPR) is an EU law which will be enforced from 25 May 2018, replacing the Data Protection Directive, and extends the historical EU expectation that personal data be kept secure and holds an organisation accountable for data security. While the principles are similar to those in the Data Protection Act (DPA), there are some additional requirements that UK companies need to be aware of, notably in compliance and consent. These changes apply mostly to companies who are contacting consumers and members of the public, so for those working on B2B, the changes aren’t as stringent. However, there are several myths around about GDPR compliance, four of which are outlined below. GDPR means you need to change the way you hold data Consent is not the be all and end all Consent remains a lawful basis to transfer personal data under the GDPR, and the new regulations will raise the standard for consent. However, many GDPR compliance guides state that “data can only be processed if explicit consent is given.” The GDPR clarifies that this only applies if you need consent to process data. ICO further explains that “consent is one way to comply with GDPR, but not the only way.” If there is a legitimate interest for an organisation to process data, then this is acceptable under GDPR. The UK won’t have to comply with the GDPR because of Brexit The Information Commissioner’s Office (ICO), the regulatory body which oversees GDPR, has made it clear that the legislation does not demand a huge overhaul of a company’s data. The fundamentals remain the same as the DPA, with transparency, fairness and security at the heart of the rights of the individual whose data will be processed. The biggest threat to organisations is fines The fines imposed are more than the DPA limit of £500,000, and companies could potentially face a maximum fine of £17 million or 4% of annual turnover. Nevertheless, ICO have made it clear that they see their role as foremost one of guidance and advice, and will not be making examples early on in the regulations. The GDPR applies to companies which offer goods or services to, or monitor EU data subjects, and will still be in UK law after Brexit takes place on 29 March 2019. This has been clarified by the UK government. The GDPR regulation will mean companies will have to undertake some changes. However, as long as companies safely and securely store their data, compliance with the new legislation will not be an overly burdensome process. If you require assistance or have a query about how the regulations will impact you, ICO have a specialist helpline to deal with these matters, and can be contacted by going to www.ico.org.uk/global/contact-us 16 Covered Spring 2018