Should you be?
According to a survey, 97% of Swedish companies do not have a plan for how to adapt their personal data and data management to GDPR, the new EU data protection regulation. Only 9% believe they will be prepared when it comes into force. Will you be?
Most people don't know what the regulation means, nor how to prepare. 39% say they are not prepared and 28% do not know if they are. In many ways, businesses depend, or make themselves dependent, on their IT and cloud service providers to make the necessary preparations.
Storegate prepared for new data protection regulation
At Storegate we are prepared. The design of the laws combined with the new regulation makes it legally easier for all parties if the company is Swedish and the servers themselves are located in Sweden. As it is for us. We are currently working internally on the required documentation and process description, and will be prepared and ready with that in good time as well.
Although Swedish companies are ill-prepared, and breaches of the regulation can mean hefty fines, the survey found that they are not as worried as the European average, but perhaps they should be? Are you?
In the future, we'll tell you more about how it works and why, and what you need to do to feel safe - but if you have any questions, don't hesitate to get in touch.
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Facts - GDPR:
The EU's new General Data Protection Regulation ( GDPR ) regulates how personal data and data should be handled within the EU and with parties outside the EU, known as "third countries". The regulation affects virtually all companies and organisations that deal with people and replaces the Personal Data Act (PuL). Created to protect the privacy of EU citizens, the regulation will enter into force in May 2018 and violations can result in a company fine of 10% of its turnover.