According to the UK’s Department of Digital, Culture, Media & Sport (DCMS), the UK Data Protection Bill could come into force as soon as next month – September 2017.
Following the Queen’s speech which outlined that the UK Data Protection Bill would ensure that the UK, “retains its world-class regime protecting personal data.” The new Bill will replace the 1998 Data Protection Act 1998. The new Bill will incorporate the new EU Data Directive, whilst bringing up to date with the latest technology, it response this should out us in a prominent and positive position post Brexit.
The UK Data Protection Bill will adhere to the EU DPR
Most companies mistakenly believe that they are compliant with the new EU DPR which is officially due to come into force in May 2018, so what steps should businesses take to ensure that they meet the requirements of EU Data Protection?
- Businesses must identify what lawful basis they are basing their requirements on. Is the data you are collecting for the ‘performance of a contract’ can you share data because of a ‘legitimate interest’.
- If businesses are operating with 250 employees or more, holding data for this number of people, carry’s risk. Companies must have a processing system in place including the purpose of processing and the categories of data being processed.
- Certain organisations will be required to appoint a Data Protection Officer to manage data processes, adhere to legislation, evaluate risk and report to company Directors.
For more information on the UK Data Protection Bill and to find how you can protect your business with UK Data Protection Bill insurance please contact out team at Crendon Insurance. With over 10 years’ experience, in the field we provide a comprehensive questionnaire to businesses so that they may define their role and where risk lies within their company, so that they may stay protected.
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