With a data breach potentially costing millions in fines and lawsuits, it’s easy to get caught up in the financial losses when managing your Cyber security. However, reputation damage can be just as serious – have you considered this?
New data laws give customers more control over their information – this could help you save money on insurance! Could you benefit? How can you benefit from GDPR? While the rules under General Data Protection Regulation may seem like a minefield, they do give you better and clearer rights in terms of your personal data.…
With just a few short weeks until the GDPR officially comes into force, now is the last chance to make sure that your practice is compliant.
Worryingly, many organisations don’t understand the implications of the GDPR and are unsure how to comply. Misunderstanding and ignorance will not be an excuse for poor data practices and will not help you avoid huge fines (up to 4% of turnover or €20million, whichever is higher).
The healthcare sector has certainly learned the effects of a Cyber breach the hard way, in particular with the WannaCry attack earlier this year which led to ransomware infecting NHS, and many other businesses, networks.