GDPR – What you need to know!
GDPR; The what, when and how it will affect you!
- General Data Protection Regulation (GDPR) is replacing the previous data protection rules implemented by the EU for the past two decades.
- It comes into effect on the 25th of May 2018.
- Basically it’s to better protect the rights of the individual and makes companies more accountable for security and handling of data.
How it will affect you:
|Benefits to the individuals||Impacts on companies|
Individuals will have more rights regarding the processing of their data;
-Full accessibility on what data companies have on you + it must be accurate/current
-The ‘right to be forgotten’. After companies have fulfilled the need to keep your data; it will be deleted.
-Data portability. The right to transmit your data to another controller is more controlled.
-Automated decisions. The right not to be subject to any ‘automated decision’ that would significantly affect you.
-Data Protection Authorities (DPAs) will have the power to enforce much more severe penalties for breaches of personal data.
-Companies will no longer be able to use long, illegible terms and conditions.
-Organisations will need to attain explicit consent from individuals regarding the processing of their data.
-Breaches of security must be reported to the DPA and any individuals affected within 72 hours
AMI Group’s data protection service:
In accordance with the latest GDPR we will be sending out communication to our customers wherein they will have to opt in to receive any further email’s from AMI Group. This can be regarding both Nexis alerts and other correspondence such as Newsletters.
You can be rest assured that by placing your trust in AMI, you will only benefit. Our software is fully secure and is managed by an expert in the field personally. Additionally, all of our staff are fully aware of Data Protection and work in line with regulations.
For further information: www.ico.org.uk