GDPR stands for the General Data Protection Regulation. It goes into effect May 25, 2018. Yes, in just under 30 days. In a nutshell, it is a data protection law that impacts those organizations/businesses processing EU citizen data.
The upcoming effective date has created excitement, frenzy, and noise. There is so much activity, I’m concerned that companies may be receiving incorrect information. If you want to cut through the noise and determine if GDPR needs to be in your company’s roadmap for the next 12 months, check out our Quick Applicability Test below.
Quick Applicability Test
- Are you located in the EU? (Yes/No)
- Do you service the EU market? (Yes/No)
- Do you hold information about a living person that is from or living in the EU? (Yes/No)
- Customers or prospects
- Employees or contractors
If you answered Yes to any of these 3 questions, continue with your due diligence! Your next step should be to create a Data Inventory to determine what your GDPR compliance roadmap needs to include. We created a handy diagram, called The 10 GDPR Components. Think of this as GDPR, broken down into 10 chunks. For some companies, they will need to address all 10 components, while other companies will only need to address some of the components.