Introduction
It’s time to panic. The GDPR is not just for big businesses. It affects your business and your employees, so it’s important that you’re prepared for the law’s implementation in May of this year. In this post, we’ll dive into five common challenges small companies face when it comes to compliance with GDPR, including employee awareness and resources, how much you’re required to comply with all aspects of the law (and what those requirements are), how long it takes for a company to become compliant after receiving notification from regulators about their non-compliance status, and more!
Employees may not be aware of GDPR policies.
As a small business owner, you may not be aware of your company’s GDPR policies. Employees may not be aware of how to handle personal data or sensitive data because they don’t understand the consequences of violating GDPR policies.
Employees should also know what steps are taken to ensure compliance with GDPR guidelines and that all employees have access to relevant information about the company’s privacy practices and policies in order for them to make informed decisions when handling personal data within their role at work.
Companies aren’t sure if they are required to comply with all aspects of the GDPR compliance.
The GDPR applies to all companies that process personal data, regardless of their size. It also applies to all companies based in the European Union and its member states, regardless of whether they have customers in the EU or not.
The GDPR gives you broad powers over your company’s data protection policies and practices; these are outlined in Article 25 of the GDPR: “Data controllers shall implement appropriate technical and organisational measures to ensure a level playing field between controllers by effectively preventing cross-border transfers of personal data unless otherwise permitted by Union law.”
Many companies aren’t sure exactly when they are required to comply.
- The GDPR is not a voluntary standard or recommendation. It’s a regulation, and it’s new. That means that if you don’t comply with the regulation, you can be fined up to $10 million or 4% of your annual turnover whichever is higher.
- There are some questions about when exactly your organization needs to comply with the GDPR: did they even know about it before May 25th? Are they ready for it now?
- You may also want some help deciding how best to handle this situation in your business so that you don’t end up paying fines or losing customers over something as trivial as an apology email from an employee who accidentally sent out an incorrect company notice email template instead of one meant for their manager (or vice versa).
Small companies often lack the data protection resources they need.
Small companies often lack the data protection resources they need. They may not be able to afford to hire a dedicated IT department, or they may not have enough money to invest in new software and hardware. They might also find it difficult to find someone with the knowledge and experience required for a role as a data protection officer (DPO).
The good news is that there are many options available for small businesses who want to increase their security measures, but these can range from relatively easy fixes—such as using a cloud backup service—to much more complicated projects such as implementing an internal information security policy or hiring experienced consultants from outside the company.
GDPR affects your company, whether you’re a multinational corporation or a startup in your CEO’s garage.
The GDPR applies to every company in the EU, regardless of size. This means that if you’re a multinational corporation with offices all over the world, or if you’re just an indie game developer who’s been working on your first game for months at home and then printed out 500 copies to sell at conventions—the GDPR affects you!
The most important thing about this regulation is that it’s not only going to affect companies that process personal data; it will also affect any organization doing business with them. For example: If someone from your company goes abroad and buys a plane ticket using their credit card number (a common practice), then what happens when they return home later? Does your travel agent need access to those same customer details so they can book future trips? In some cases (like buying airline tickets), yes; in others (like renting cars), no—and it depends entirely on whether there’s consent required by those customers when they made their purchases online.
Conclusion
We hope this article has helped you understand some of the major challenges small companies face in complying with the GDPR. It’s important to remember that your company is unique, and the requirements imposed by GDPR are not necessarily applicable to all businesses operating in similar fields. The best way to stay on top of these issues is to keep an eye on local news outlets for updates about new laws and regulations that may affect your business directly or indirectly—and make sure your staff knows how they should respond if something comes up during their shifts!