As Britain negotiates Brexit terms over the next two years, prudent businesses would do well to comply with the EU’s General Data Protection Regulations (GDPR), since even if the government abandons those regulations, businesses must still abide by them if they want to do business or communicate with mainland Europe. Because of this, cyber security experts are predicting that Britain will either retain the GDPR, or adopt very similar, compatible measures.

The GDPR was supposed to come into force in May 2018, and was intended to help Britons regain control of their personal data as well as reduce the amount of red tape that international businesses must get through.

One of the chief changes that the regulations will introduce is how personal data can and cannot be exported outside the EU. This requirement is what ensures that Britain can continue to conduct business with EU companies.

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Cyber Risks & Liabilities Newsletter July-August 2016