Back in January, we posted about the circumstances in which your company, even if based in the US, must comply with the EU General Data Protection Regulation (GDPR), taking effect in May 2018. Now we get down to business. If your organization is covered, how do you start the process of preparing for compliance? There appear to be so many moving pieces, where to begin? Here we will provide a high level checklist to help you start down the path of GDPR readiness. As usual, this is not legal advice, just information based on the resources available from the EU authorities thus far designed to help you get your ducks in a row and start planning.
First, a reminder. Due to the extraterritorial jurisdiction provisions of the GDPR, your company is covered by the law even if you have no establishment in the EU if you process personal data of data subjects in the EU and that processing relates to (a) the offering of goods or services to those data subjects, irrespective of whether a payment of the data subject is required; or (b) the monitoring of those data subjects’ behavior as far as their behavior takes place in the EU. Processing means any operation which is performed upon personal data, whether or not by automatic means, including collection, recording, organization, storage, adaptation or alteration, retrieval, use, disclosure by transmission, dissemination or otherwise making available, combination, blocking, erasure and destruction. Personal data is also broadly defined and includes not only what we think of as traditionally personally identifiable information connected to a name or person, but also information connected to a particular device or even IP address. EU regulators can assess administrative fines of €20 million or up to 4% of the total worldwide annual turnover of the preceding fiscal year, whichever is higher.
If your organization is covered by the law, here is a list of things to consider — and the sooner the better (with barely over a year to become compliant). Each of the following points will be the subject of a more detailed overview in a series of forthcoming blog posts over the next few months. Continue Reading Start Your Engines: We Have to Deal With GDPR, What Now?