We spoke with Pragasen Morgan from EY about GDPR.
Hi Pragasen, thank you very much for joining us. So, you’re here to talk to us about GDPR. What exactly is it?
So, GDPR stands for the ‘General Data Protection Regulation’, and it is a regulation that is European Union-wide. The main focus of the legislation is on you and me, actually, it’s about the individual, so protecting individual rights.
Most importantly, with the rise of the way in which data has been shared in organisations and the rise of multinationals being able to use those pieces of data in any way, shape or form, this legislation is here to protect the individual in such a way that you have to give consent for that information to be used, so to be collected, to be stored and then to be processed. So, fundamentally, this is the biggest shake-up in the marketplace on legislation over IT....