<img src="https://certify.alexametrics.com/atrk.gif?account=b2hlr1ah9W20em" style="display:none" height="1" width="1" alt="">
    Login
    Get started

    data protection laws

    The General Data Protection Regulation (GDPR) is fast approaching and compliance with data protection laws is more important than ever.

    Over the years, there have been many high profile cases which highlight the consequences of getting it wrong.

    Just last year, financial firm Nouveau Finance Ltd, a loan company registered with the Financial Conduct Authority (FCA), was fined £70,000 for sending spam texts.

    Over a 6-month period, more than 2 million texts were sent unlawfully by a marketing agency contracted by the firm. It is illegal for companies to send text messages to people without their consent. The ICO warned that firms cannot dodge responsibility when services are outsourced.

    Fines for failing to comply with data protection laws are set to become a lot higher when GDPR comes into effect on 25th May 2018. So, what can you do to avoid any hefty fines which could potentially cripple your business?

    Follow these top tips to comply with data protection laws:

    1. Be open, tell people what you're doing with their data and get consent - before collecting personal data, explain upfront what data you're collecting, how you'll use it, and who it may be disclosed to. Most companies do this via privacy statements.
    2. Take extra care with sensitive personal data - for example, data on race or ethnicity, age, political opinions, religion (beliefs or non-beliefs), physical or mental health (including disability), sexual orientation, membership of trade unions, etc.
    3. Uphold individuals' rights - remember individuals are entitled to see what personal data you hold data protection laws about them, to have inaccurate information corrected, to stop their data being used for marketing purposes, and so on. Under GDPR, there is also the new right 'to be forgotten'.
    4. Store information securely - follow company protocols at all times to prevent unauthorised access, as well as data loss or theft. Use strong passwords and encrypt all personal data held on portable devices (such as laptops, memory sticks and tablets).
    5. Data minimisation - don't keep personal data for longer than is necessary; make sure that personal data is destroyed securely and in full.
    6. Take care when sharing personal information with third parties - make sure you have the necessary consent first.
    7. Avoid transferring data outside the EU - other countries don't have the same data protection guarantees so prior consent is always required for this.

    Leave a comment

    Tick

    eBook: Essential Uncovered

    Skillcast Essentials is our best-selling library and there's a reason for that. Essentials library provides comprehensive coverage of the key compliance / conduct issues that companies in the UK face today.

    Request now

    How to use storytelling in compliance training for maximum impact

    Stories help us to connect with people and the world around us. They have the power to  engage us in a way simple narratives just can't. And we remember stories. I'll bet you still remember your ...

    Read More
    5 ways to fire up a culture of compliance

    Any company's biggest risk to attaining and maintaining full compliance with laws and regulations is the conduct of its people - we call this the people dimension of compliance. And against this ...

    Read More
    6 traits of effective compliance officers

    Protecting the ethical integrity of a company is the heart of the compliance officer’s role. And as regulators continue to clamp down on misconduct with higher fines, compliance officers are under ...

    Read More
    New infographic reveals a lack of transparency about political engagements

    Nearly three quarters of companies are failing to disclose how they engage with politicians, according to a new report by Transparency International UK. The 2018 Corporate Political Engagement Index ...

    Read More