The GDPR will introduce major changes to the data processing terms on which customers engage service providers. However, the GDPR's requirements will impact not just EU data processing agreements, but will set the standard for data protection agreements throughout the world as service providers compete to offer the most compliant service to their global customers. This blog explains why.
Are you ready for this? Originally 261 pages, the GDPR has over 20,000 more words than Shakespeare's Hamlet and has probably resulted in more primers and updates in your inbox than your IT department's imposed storage limits will tolerate. Headlines like: "Companies who've not started GDPR readiness will not be ready on time" and "GDPR fines up to 4% of worldwide turnover" intended to scare, actually scare you. Getting "GDPR ready" may seem a daunting task – but with careful planning, project management and prioritisation, it is an achievable one.