When the GDPR came into play in May 2018, many companies weren’t compliant, and still aren’t today. Yet this new data privacy regulation is too big and too important not to take seriously – the fines for non-compliance, alone, are hefty.
But what does it cost to become compliant? Well, the cost varies hugely. Small to medium-sized companies that don’t have many resources want at least to show a path towards compliance so that regulators know they’re making an effort. Using GDPR-ready software demonstrates good intent towards compliance and simplifies the process of actually becoming compliant.
The original article appears on the GDPR365 website, located here: https://www.gdpr365.com/what-are-the-real-costs-of-gdpr-compliance/
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If you use the personal data of EU individuals in your organisation then legally you must be compliant with the GDPR regulations no matter where your business is located. We can help you with this process.
In partnership with GDPR365 we offer a full cloud based compliance management solution. In addition we can assist with your on-boarding requirements.
You can talk to one of our consultants or give the service a try for a 14 day free period.
