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Data protection law comes into effect

18 April 2016

European members have approved new data protection rules designed to strengthen online privacy.

Passed by the European Parliament last week, the General Data Protection Regulation (GDPR) is also intended to streamline legislation between EU members and increase security cooperation.

Tougher penalties for companies in breach of EU data protection law is another feature of the new legislation.

These include fines of up to 4% of global turnover and the requirement for companies to disclose personal data breaches within 72 hours.

While the full implications for the FM sector continues to be analysed, the GDPR is expected to have a significant on IT security in all areas.

Bromium SE director Fraser Kye said it will make it more difficult for businesses to "keep their heads in the sand" and make cyber security a higher priority for many.

"It's time to stop admining the problem and to start doing something about it," he said.

"There will be a huge shakedown in the IT industry over the coming months, and only those who offer true and sustainable value will survive, because businesses will rely on the security industry to actually tackle the disease, not just deal with the symptoms."

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