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With an estimated population of over 510 million, the European Union is the second largest market in the world. That’s a business potential you don’t want to miss out on. The EU has developed an internal single market and from May 25th 2018, with a standardized system of laws that apply in all member states, called the GDPR (General Data Protection Regulation).
The GDPR does not only apply to organisations located within the European Union, but also applies to organisations located outside of the EU if they offer goods or services to, or monitor the behaviour of, EU data subjects.
PROCEED Data Protection has a broad expertise and is equipped with a rare combination of skills and knowledge in technology, legislation and (change) management. One of the reasons we are a specialist in GDPR for service providers, like SaaS (Software-as-a-Service), Xaas (Everything-as-a-Service), App Developers and hosting providers.
PROCEED Data Protection can handle your GDPR AUDIT, get your products and company GDPR compliant, be your Data Protection Officer (DPO) and arrange for EU Representatives.
There are various ways to get in touch with us:
Article 83 of the GDPR handles details of the administrative fines. There are two levels of fines. The first level is up to €10 million (approx. $11.5 million) or 2% of annual global turnover of the previous year, whichever is higher.
The second level is up to €20 million (approx. $23 million) or 4% of annual turnover of the previous year, whichever is higher.
Generally speaking, breaches of controller or processor obligations will be fined within the lower level penalty, and breaches of data subjects’ rights and freedoms will result in the higher level fine.