How can UK businesses prepare for EU data protection reforms?
UK businesses stand to benefit from understanding how they can prepare for potential EU data protection reforms. The EU is currently reviewing the European Data Protection framework in order to ensure that European law is fit for purpose for the digital era. In particular, officials will seek to safeguard individuals’ fundamental rights as their data is used in ever more diverse ways. Fines of up to 2% of global turnover are proposed for companies breaching the new legislation.