We’re now a few months into the new GDPR legislation, yet for many, there are still unanswered questions. The GDPR deadline applies to all companies in the EU that process and holds personal data, completely regardless of size. This could be client data, customer data, or even the data of your staff – and it doesn’t matter if you process data outside of the EU, as GDPR legislation will still apply.

GDPR in a nutshell

If, like us, you find yourself still needing to explain GDPR to those with questions, perhaps the below short guide will help.

Data controller: an individual or organisation that determines the purposes and means of the processing of personal data.

Data processor: an individual or organisation that processes personal data on behalf of a controller.

What do we mean by personal and sensitive data?

• Personal data: name, email address, bank details, photo, medical information or computer IP address, etc.
• Sensitive personal: ‘sensitive’ information such as genetic and biometric data, etc.

If you’re in any doubt, then ask yourself this: is there any chance that the person can be identified directly or indirectly by the information you have about them? This could be private information, public information, or information relating to their work. If the answer is yes, then you need to ensure you’re GDPR compliant.

How doES GDPR affect accountants?

Accountants handle an incredible amount of data every day. As such, it’s hugely important that they comply with GDPR guidelines to avoid the hefty penalties associated with handling and storing data inappropriately.

As an accountant, you will need to be able to prove that the equipment and the methods you use are in line with GDPR and that you can securely hold and process information in line with data requirements. You will need to confidently be able to talk through the processes you use to avoid losing the trust of your clients.

How can Risk Dashboard assist with GDPR compliance?

Having all of your information in one secure place can make the difference between organisational bliss and a logistical nightmare. If you’re responsible for either controlling or processing personal data, it has never been more important than it is now for you to do so securely. Our software compartmentalises data in an easy-to-use platform, that’s password protected and secure. This means you can log in, have access to everything in one place, and focus on the nitty gritty, knowing that the software you’re using is safe.

We also have a specific GDPR module, designed to assist a business in creating an approved code of conduct, or an approved certification that can be used to demonstrate compliance. We understand that the biggest issue is implementing GDPR and educating businesses. Using the Risk Dashboard’s software, the intention is to identify risks in your internal processes that could cause you and your business to breach the regulations.

For more information on how the Risk Dashboard can assist you with GDPR compliance, visit our website or please don’t hesitate to contact Neil Campbell, Commercial Director on neil.campbell@riskdashboard.co.uk or info@riskdashboard.co.uk

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