The European Union's new General Data Protection Regulation (GDPR) came into force on May 25, 2018. But this does not mean that all companies have already implemented the necessary adjustments. It is high time to take a closer look. Here's a checklist! It's been known for two years that the EU's new data protection rules would be taking effect this May. Nevertheless, a survey by the industry association Bitkom one week before May 25, 2018 delivered surprising results: only about a quarter of German companies said they were fully prepared for the new regulations. In theory, they are now risking fines of up to 20 million euros or 4% of annual revenues for each violation of the new regulations, plus the administrative costs for preliminary warnings. That's why it's time to act quickly. For larger companies, it makes sense to set up a working group with representatives from all directly affected areas, i.e. data protection, IT, HR, security and risk management, and legal department, but sales and customer service are also affected. The following checklist can provide this working group or smaller companies as a whole an initial guide for further action:
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