Quick HSBC Guide to GDPR for Treasury Folks

As we all know from the many emails received over the last couple of weeks, the EU General Data Protection Regulation (GDPR) is now here. Browsing around i came across some informative documents from HSBC about GDPR, which i thought would be worth sharing. Let’s jump to it…

GDPR Checklist for Treasury

Key notes:

  • Understand what data you have that falls under GDPR
  • Do you have consent for the personal data?
  • Who is responsible for the data that falls under GDPR?
  • Are you managing data appropriately as required by GDPR?
  • Where is your data stored?
  • Do your¬†third party¬†partners comply with GDPR? Are you sure?
  • Is your data encrypted?
  • Do your employees understand cyber-threats, and how they may be targeted?
  • What is the process to report breaches?
  • Are you prepared for a GDPR audit?

GDPR Data Breach Infographic

The following HSBC GDPR infographic hones in on a data breach and details the pertinent points:

  • How a breach may occur
  • The importance of data encryption
  • The need to report any breaches within 72 hours
  • The significant impact of not reporting the breach within the stated period
Thanks for stopping by – Take a look around…!!

 

 

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