In effect since 25th May 2018, the general data protection regulation (GDPR) strengthens existing rights, provides for new rights and gives citizens more control over, and access to, their personal data. It modernises and unifies rules allowing businesses to reduce red tape and to benefit from greater consumer trust. GDPR is part of the EU data protection reform package, along with the data protection directive for police and criminal justice authorities.
However, this new regulation comes at a cost of a strict compliance regime. All companies that process the data of EU residents must comply with the new requirements or submit to financial penalties.
On 2nd February 2018, the Government published the Data Protection Bill 2018 to give effect to the GDPR.
To help our members with implementing this regulation and to provide them with ongoing support on this area, we have provided a number of resources, in partnership with McCann Fitzgerald, on the dedicated member area of our website. These include, director factsheets, webcasts of IoD events on GDPR, and briefing presentations. Members can find this content by logging into the member area dashboard of the website and browsing to the relevant section area.
If you are interested in becoming a member and learning more about the resources and access to expertise that we provide to our members, please contact our membership team.
'GDPR - Six Months Post Implementation - A survey of the impact of of GDPR and its effect on organisations in Ireland' by McCann FitzGerald and Mazars, published November 2018