As of 25 May 2018, European data protection legislation will be updated for the first time in 20 years. The EU General Data Protection Regulation (GDPR) replaces the 1995 EU Data Protection Directive. The GDPR strengthens the rights that individuals have regarding their personal data and seeks to harmonise data protection laws across Europe, regardless of where that data is processed.
You can rest assured that TCF Software (The Covert Formula Ltd) is committed to GDPR compliance. We are also committed to helping our customers comply with the GDPR by providing stringent privacy and security protections that are built into our service and contracts.
Where Should Uou Start?
Now is the time for you to begin preparing for the GDPR and we are here to help. Here are some considerations:
1 - Firstly, familiarise yourself with the provisions of the GDPR, especially the changes that it will make to your current data protection obligations.
2 - Consider creating an updated inventory of personal data that you handle. TCF Software can help identify and classify your data.
3 - Review your current controls, policies, and processes to assess whether they meet the requirements of the GDPR.
4 - Monitor updated regulatory guidance as it becomes available.
5 - Consult a lawyer to obtain legal advice specifically applicable to your business circumstances.
Our Commitments To The GDPR
Alongside other duties, data controllers are required to only use data processors that provide adequate guarantees as to appropriate technical and organisational measures so that data processing will meet the requirements of the GDPR. Here are some aspects you may want to consider when conducting your assessment of TCF Software: