The General Data Protection Regulation has been described as the most significant overhaul in data protection in a generation.
Statistics suggest that the majority of organisations are still not prepared despite the prospect of irreparable reputational damage and being fined 鈧�20m or four per cent of worldwide annual turnover if they do not comply.
When Daniel Burton founded Manchester tech start-up Wondrwall, GDPR wasn鈥檛 on his radar. But the company, which is behind a state-of-the-art intelligent home solution and stores personal data about its customers, has been taking the new regulation seriously in recent months.
Burton鈥檚 advice is that businesses need a good reason to collect 鈥� and keep 鈥� personal data.
鈥淜eep data secure but also make people aware about what you鈥檙e doing with their data,鈥� he says.
鈥淚f you鈥檝e got a good reason to collect data then actually that鈥檚 going to make you a much stronger business.
鈥淭he people it鈥檚 really going to hurt are the ones that are taking data and not giving a benefit back to consumers.鈥�
Cloud hosting firm UKFast is providing free GDPR pocket guides containing valuable resources and guides from industry experts to help support businesses. .