If you didn’t already know, the EU’s General Data Protection Regulations (GDPR) are fast approaching.
GDPR has been created to force businesses of all sizes to take data protection seriously. For many, this means ensuring that servers are secured, passwords are strong, and staff are educated.
Underestimated & Ignored
However, a recent study has suggested that many businesses are at best underestimating, and at worst ignoring, the challenge of ensuring that paper-based documents and business processes are compliant.
For organisations with more than 250 staff, GDPR also states that a business must be able to show that the organisation is compliant, using retention schedules, accountability, record-keeping and other measures.
But how can organisations demonstrate that their manual, paper-based processes are also GDPR compliant?
More Data Lost Than Email
If we were just to look at Risk Based Security’s 2016 Data Breach Report - lost, stolen, and mislaid documents account for more data breaches than email.
And failure to comply with GDPR could result in businesses being fined up to €20 million or 4% of their global turnover for the previous year, whichever is higher.
With less than nine months until the GDPR fully comes into force, time is already running short for many organisations.
Identifying a way to ensure that all paper documents are secure, as well as all electronic data, will be a top priority for businesses.
If you would like to speak to an expert at Tier 1 about ensuring your end of life computers are securely disposed of then call us on 0161 777 1000.Back to Blog
Tier 1 Asset Management Ltd
59 Stanley Road, Whitefield, Manchester, United Kingdom M45 8GZ