The General Data Protection Regulation (GDPR) aims to modernise the way data is collected and stored, but what do advisers need to do to ensure they are compliant?
Two decades ago, when the 1998 Data Protection Act was drafted, Apple was still mostly known as a fruit and the term 'IP address' would have prompted blank looks all around. Today, the General Data Protection Regulation (GDPR) aims to bring the way data is collected and stored into the 21st century. The new rules mean consumers will have the right to know much more about how their information is used and stored. "Data protection law is clearly not new - we have the 1998 Act. But the GDPR and the UK legislation that will follow will extend it and raise the bar in certain respects. It ...
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