The General Data Protection Regulations (GDPR)

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Interview 2: The General Data Protection Regulations (GDPR)

This is the second of 5 short videos in our cyber insurance series, during which Garry Dalton of Keegan & Pennykid interviews Craig Watson, a cyber specialist at the insurer, RSA. It should be viewed in conjunction with Interview 4: The Cyber claims process, which explains how a cyber insurance policy can assist with your organisation’s responsibilities in the event of a data breach.

This video provides an overview of the General Data Protection Regulations (GDPR) which comes into force on 25th May 2018 and which will affect all organisations which hold personal data.  The GDPR will present two principal challenges for organisations in the event of a data breach: firstly, the organisation will need to notify all affected data subjects and secondly, there is the potential for the ICO (Information Commissioner’s Office) to fine an organisation up to 4% of its income

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