The General Data Protection Regulation (GDPR) will effect how we do business, and in particular, how we communicate with our customers.
What GDPR will mean for your business, and what you need to do about it, was the subject of an expert discussion this month organised by the MBA Association of Ireland and hosted at our new offices on Lower Mount Street.
Chris Bollard of Matheson solicitors and Andrew Gadd from software provider IDE-International provided an overview of what GDPR will mean, and steps companies can take to mitigate the impact.
A partner in Matheson’s Technology and Innovation Group, Chris is well versed in presenting to a range of audiences on GDPR. With many years’ experience running large programmes of transformation across many industries, Practice Director Andrew has spent the last year understanding and working with organisations who are dealing with the practical challenges of change that GDPR presents.
Some interesting points were raised during the event including:
- There is a need to review existing contractual arrangements with third-party and partner organisations to ensure that GDPR compliance is possible within the current scope of these agreements.
- The impact of GDPR will become more apparent after initial cases test the legislation, this is particularly relevant for the application of penalty fees.
- GDPR will continually evolve; systems implemented to manage the GDPR process must be flexible to adapt as required.
If you would like to read more about GDPR, read our recent article discussing the key to successfully managing the changes that come with this new legislation; The GDPR Journey – Final Stop, Culture Change.