Not Just for Large Multinationals: U.K. Information Commissioner’s Office and Article 29 Working Party Issue GDPR Guidance for Small Businesses
Smaller companies take note – the U.K. Information Commissioner’s Office (ICO) and the Article 29 Working Party have highlighted that all companies must comply with the General Data Protection Regulation (GDPR) regardless of size, and recently issued special guidance for smaller businesses. The GDPR, a law that places new obligations on organizations that collect and process data about European residents, comes into effect May 25, 2018. In a recently published set of FAQs, the ICO addresses key issues raised by the GDPR in the context of small businesses, including criteria for imposition of monetary sanctions; security; determining whether your organization is a processor or controller under the terms…