Presentation in New York, May 8th: GDPR Compliance and Global Business
The International Executive Resource Group (IERG) New York Chapter Meeting
What is GDPR Compliance and How Does it Impact Global Businesses?
When: Tuesday, 8 May 2018
Who: IERG member Christine Baird, CEO of Clarus Tech Partners, has a team of IT, legal, cybersecurity, and compliance experts who advise and implement GDPR Compliance assessments and readiness solutions will be the presenter.
Why: GDPR is the new European Union’s General Data Protection Regulation law that goes into effect on May 25, 2018, Organizations that collect data on citizens in EU countries will need to comply with the strict new rules that protect consumer data or risk facing steep penalties such as fines of up to 20 million euros or four percent of their company’s annual global revenue.
What: This discussion will explain what GDPR is, why GDPR came about, what the possible penalties are for non-compliance, how it affects your organization, and how to be GDPR compliance ready.
Where: St. Bart’s, 109 E. 50th Street, Room 44 (on the fourth floor)
Schedule: 5:30 – 6:00 pm Networking
6:00 – 7:00 pm Speaker presentation and Q&A
7:00 – 7:45 pm Additional networking
GDPR is the new European Union’s (EU) General Data Protection Regulation law that goes into effect on May 25, 2018. Organizations that collect data on citizens in EU countries will need to comply with the strict new rules that protect consumer data.
Even if your company or organization in not located in the EU, if your company processes personal data or markets or sells goods or services to citizens in EU countries, then you will need to comply with the new regulation.
The penalties for non-compliance are steep – possible audits and fines of up to €20 million (about $24 million USD) or 4 percent of your company’s annual global revenue.
So where does your organization start?
Organizations across the globe can take this as an opportunity to get their data management in order —and gain a competitive advantage along the way.
This discussion will explain what GDPR is, why GDPR came about, what the possible penalties are for non-compliance, how it affects your organization, and how to be GDPR compliance ready.
Bio: Christine Baird is an IERG member and is a results oriented executive leader with over 18 years in international business consulting in many lines of industries including real estate, finance, information technology, compliance, oil & gas, telecommunications, healthcare, and aerospace & defense for global businesses in the U.S., Central & South America, Asia & Europe.
As CEO of Clarus Tech Partners, www.clarustechpartners.com, she has a team of IT, legal, cybersecurity and compliance experts who advise and implement GDPR Compliance assessments and readiness solutions.