GDPR

GDPR

In a nutshell, GDPR is about protecting personal information. As we all know, a lot of personal information has been collected illegally by businesses being hacked. Now, as part of this new government legislation, if your data is breached you must report it within 72 hours. Or, face a fine of 4% of your revenue.

Personal information is defined as – Name, address, phone number, bank/credit cards, email address and IP address.

Who does it affect? – Businesses based in the EU that collect or hold personal data on EU citizens. No matter where they reside.

How does it affect your business? – How you Collect, store and record personal data and all processing of that data.

Step you can take to mitigate risk

  • Look at where your data is stored
  • Time you store personal data and is it still relevant? If not, you must delete it. If the individual asks you to delete it you must.
  • Governance surrounding accessing of any personal data
  • Monitoring who has access to that data

 

Axis Cloud Accountancy Limited has collected personal information from our clients that has been given to us in order for us to provide the services that you have requested.

All information is securely stored and is not shared with third parties.

Staff at Axis Cloud Accounting Limited, and its sub-contractors, who require access to the personal information will not disclose it to third parties.

If you require a list of personal information that we hold for you, or you wish us to delete personal information, then please contact info@axisaccounts.com