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GDPR is coming on May 25. We’re ready.

Are you?

At Bisnow, we pride ourselves on leading the pack. The arrival of GDPR has been an opportunity for us to make sure our data security, privacy policies and tech systems are A+ so we continue to provide the commercial real estate industry with the most relevant, important news, events and networking opportunities.

Is your company not ready for GDPR yet? We can help the CRE industry get set for the biggest privacy regulations in decades.

 

What is GDPR? GDPR stands for General Data Protection Regulation. It’s a massive, new regulation impacting data protection and privacy for all people in the European Union. GDPR goes into effect 25 May, 2018.

Who is impacted? Every company that does business with anyone in the European Union is required to be compliant. Even if you don’t have an office or employees in the E.U., having so much as one website visitor or one client from the E.U. in your database means your business needs to be complaint.

What if my business isn’t compliant? There are serious risks. GDPR regulations state that fines of €20 million, or 4% of their worldwide annual revenue (whichever is higher) can be applied to businesses that are in violation of the law.

If you can’t answer these questions, you need our help:

  • Who is your company’s Data Protection Officer?
  • What is your business’ legitimate interest claim?
  • What is your business’ Subject Access Request policy?
  • Are your business’ vendors GDPR-compliant?