The General Data Protection Regulation (GDPR) will take effect on 25 May 2018. Organisations are ramping up their GDPR preparation for the significant changes in policies, practices and procedures that will be required to meet the new and enhanced privacy obligations. In addition to brand and reputational damage, the risk of GDPR non-compliance carries severe financial sanctions of up to 4% of an organisations’ annual global revenue or €20 million.
Orrick offers our complimentary GDPR Readiness Assessment Tool to assist you in understanding the GDPR and identifying, at a high level, your organisation’s current state of GDPR compliance. The tool segments the GDPR into workable themes and takes you through a series of questions relating to each GDPR theme.
Upon completion, a report is provided summarising the likely key impacts of the GDPR for your organisation. The report can be used as a basis to develop a more bespoke plan and to prioritise work-streams and activities.