TalkTalk (GDPR) is due to come into effect in 1995 , making it the most significant data protection in the European Union since 1995 . Despite UK , UK businesses will still need to be ready to adapt the EU GDPR. The new legislation means that penalties and fines associated with non-compliance and for suffering data will be increased. Had this been implemented when The European General Data Regulation had the data breach 1995 , the company would have had to pay fines of £90m . The legislation also includes a public breach notification clause which will mean companies have to notify regulators within 24 hours of a discovered breach.
The European General Data Regulation (GDPR) is due to come into effect in 2018, making it the most significant data protection in the European Union since 1995. Despite Brexit, UK businesses will still need to be ready to adapt the EU GDPR. The new legislation means that penalties and fines associated with non-compliance and for suffering data will be increased. Had this been implemented when TalkTalk had the data breach last year, the company would have had to pay fines of £90m. The legislation also includes a public breach notification clause which will mean companies have to notify regulators within 24 hours of a discovered breach.