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How will GDPR affect your business?

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- Dr. Bálint Tóásó – KPMG Legal Tóásó Ügyvédi Iroda -

IVSZ | EuDEco project
Data Economy Conference
Budapest, 2018. 01. 31.

Published in: Data & Analytics
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How will GDPR affect your business?

  1. 1. HowwillGDPRaffect yourbusiness? dr.BálintTóásóMScLL..M(Vienna) KPMGLegalTóásóLawFirm 31January2018
  2. 2. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. What is GDPR? Who is affected? What does it bring? 1 2 How is your business affected?3 © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Topics
  3. 3. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Penalties Data Protection Impact Assessment Data Protection Officer Rights of Data Subject Record of Data Processing Sensitive Data Notification of Personal Data Breach Consent Data Security Data Processors WhatisGDPR? Importantchangesin10bullets © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
  4. 4. People Companies Authorities, State Whoisaffected? © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
  5. 5. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The „What do I do?” exercise from a data protection perspective Technical preparation Grouping legal bases Auditing, building and documenting processes WhatisGDPR? Preparationfor25May © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
  6. 6. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 2) Standardization 3) Automatization, Digitalization 1) Accountability, Awareness Whatdoesitbring? Expectedconceptualchanges © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
  7. 7. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. ACCOUNTABILITY AWARENESS Authority Data Controller Data Subject Liability Reproduction Evidence Whatdoesitbring? Accountability,Awareness © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
  8. 8. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Whatdoesitbring? Standardization © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Level of standardization Legislative Authority practice Internal Organizational and Processes
  9. 9. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Records Handling of Data Breaches Processes Whatdoesitbring? Automatizationanddigitalization © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
  10. 10. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Company infrastructure/processes Customer relationship context „Hybrid” data Hidden data processing? Workplace context Howisyourbusinessaffected? Internal:capabilitytotrackandmap © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Grouping of personal data processed: Further considerations: Data processing records Capability to identify and manage data breaches Pseudonymization
  11. 11. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. BALANCE? Howisyourbusinessaffected? Internal-external:Minimalizationvs.BigData BIG DATA Data Hunger Technological development/potentials Data Minimization Legal Compliance © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
  12. 12. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Howisyourbusinessaffected? External:actorsandeffects © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Digitalization, Technological improvements Awareness (Customer, Employee, Hybrid context) Competitors, Regulators, Disruptors Increased value of data
  13. 13. © 2017 KPMG Legal Tóásó Law Firm, a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Data Protection Audit Documentation IT and infrastructure investments Data Processing Record Data Protection Officer Data Protection Impact Assessment Insurance? Fines, claims? Any chance we get something positive in return? Howisyourbusinessaffected? Financialaspects © 2018 KPMG Legal Tóásó Law Firm, a Hungarian law firm and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Documented processes GDPR „badge” Competitive edge Managed risks
  14. 14. Thankyouforyourattention! dr. Bálint Tóásó MSc LL.M (Wien) Attorney-at-Law KPMG Legal Tóásó Law Firm, Managing Partner H-1134 Budapest, Váci út 31. balint.toaso@kpmg.hu H-1134 Budapest, Váci út 31. T: +36 1 887 7282 | M: +36 30 663 6245

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