A new GDPR Readiness tool has been launched to help businesses comply with the impending EU legislation. NW Security Group has released its free GDPR Readiness tool that indicates if a company is on the right track to preparing for the new regulations.
Recent figures suggest that around 50 per cent of UK business will not be ready for when GDPR comes into force in May. While awareness of the new legislation has risen in recent months, the consensus is that UK firms are under-prepared and therefore at risk of fines as high as €20million, or 4 per cent of a company’s annual turnover, whichever is greater.
As an expert in providing security consultancy and training, NW Security has been giving businesses across the UK guidance on how to ensure compliance by the May deadline in a series of awareness seminars. “As a provider of IP-based security systems, we have always taken cybersecurity very seriously to ensure the solutions we recommend to our customers protect the data that is generated,” said Nigel Peers, senior consultant at NW Security.
“In recent months we have been raising awareness with companies and helping them to assess their levels of preparedness for GDPR using our quick checklist tool. As the time frames become more urgent and levels of readiness are left wanting, we felt it would be helpful to make this free tool available to more companies across the UK. It prompts companies to think about how best to prepare themselves and their supply chains for GDPR and provides an insight of just how comprehensive a full GDPR Organisational Readiness Assessment needs to be.”