The average GDPR fine for SMEs is £30,000. Ouch!

In “GDPR Cheat Sheet (What You Need To Know)” Alex introduces GDPR and why it is important for small and medium size businesses. Noting that fines for SMEs found to be in breach of the regulations can be up to 4% of annual turnover. With the average fines for SMEs being £30,000.

He explores whether a business needs to comply with GPDR. Posing the question – “Do you collect and use data that could be used to identify an individual directly or indirectly?” TL;DR most businesses do. And, Alex uses a helpful Stormtrooper illustration (Yep, Star Wars legionaries!) to explain what is meant by Processing of Personal Data.

The GDPR Cheat Sheet also includes a helpful 9-Step Compliance Checklist. Together with introductions to Breach Notifications and Pseudonymisation.

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