CFC helping to ready tech clients for GDPR
The GDPR deadline is fast approaching, and unlike the current Data Protection Principles, it applies not just to data controllers (i.e. business who collect customer data and determine how that data is used), but also data processors (i.e. firms who handle or process data on behalf of data controllers).
Many of the technology firms that CFC insures are data processors, and will therefore face new responsibilities and dramatically steeper penalties for failing to protect customer data.
In order to help these companies understand their GDPR exposure, CFC will be holding two seminars in partnership with top UK law firm Weightmans on 22 March and 23 March. We will be exploring what GDPR means for data processors, what their obligations are, and what they need to know if their data is lost or stolen.
CFC is also offering a free, one-hour GDPR readiness phone consultation with Weightmans for all UK technology insureds. Interested customers can contact GDPR@cfcunderwriting.com to book their session.
Unable to attend a seminar or just want to learn more? Download our one-page GDPR Quick Guide for Data Processors exploring what GDPR means for data processors and what these companies should do to prepare.