Moore Thompson helps charities get to grips with GDPR
With the implementation of the general Data Protection Regulation just around the corner, Moore Thompson is helping charities with the launch of a new guide.
The guide covers you will need to do to prepare for the GDPR when it comes into force on 25 May 2018.
The new regulation will require charities to reassess the data they currently hold on donors and employees to ensure it is properly protected. Charities must also check that they have been given clear consent to store and use the information.
Failing to comply with the new rules could see significant penalties imposed, with fines of up to €20 million or four per cent of the previous year’s global annual income, dependent on which figure is greater, for those found responsible for the most serious data breaches.
Ken Maggs, Partner at Moore Thompson, said: “Charities need to take GDPR seriously and act now. From our initial talks with charities, it is clear to us that many are still not prepared for this changeover from the current Data Protection Act.
“This new guide outlines the requirements of the GDPR and tells you how you can prepare in order to avoid the financial and reputational damage that could result from a data breach.”
If you would like to download a copy of Moore Thompson GDPR guide, click here.