Starting May 25, 2018, the European General Data Protection Regulation (GDPR) takes effect across the EU. Here’s a summary of the four most important questions about data protection for companies:
What exactly will change for companies when the GDPR goes into effect?
On May 25, 2018, the GDPR becomes mandatory in all EU member states. From this day onward, anyone affected can demand their rights are enforced according to the regulations in the national courts of EU countries. Any company not complying with the law faces stiff penalties from the authorities.
Who determines how high the fines levied according to the GDPR are?
The fines have been set uniformly and can run up to four percent of a firm’s annual turnover or €20 million. The national authorities need to agree to common procedures to enforce this. Their job is to ensure the sanctions applied are both appropriate yet also a deterrent.
How will GDPR affect corporate IT security?
The data protection regulations contain a comprehensive catalog of information security measures. For the first time, there will be a standard for IT security – an important step, as many companies lacking appropriate levels of security don’t even realize when they’ve been the victim of hackers stealing their data. But now such negligence will be punished, since the GDPR requires companies to report the loss of personal data within 24 hours.
Does the Open Telekom Cloud fulfill EU data protection regulations?
Deutsche Telekom and T-Systems have already made their public cloud offerings compliant with the strict data protection regulations: They have been certified according to the Trusted Cloud Data Protection Profile (TCDP) 1.0. This means the Open Telekom Cloud – currently one of only a few cloud services on the market to do so – provides companies with the necessary technical requirements to fulfill the European General Data Protection Regulation (GDPR).
Learn more about all implications of GDPR for companies here.
At a glance: the benefits of Open Telekom Cloud
- Security: The data are hosted in highly secure Telekom computing centres in Germany.
- Scalability: Computing power and memory can be ordered and set up online and adapted flexibly at any time.
- Pricing models: We offer you flexible and fixed contractual periods as well as a combination of both models.
- No vendor lock-in: Open Telekom Cloud is based on OpenStack, a freely available open-source standard. You can change the provider at any time.
- Individual configuration: CPU, RAM, storage, network – you can put a package together for yourself that matches your requirements to the optimum degree.
- IaaS for all: Open Telekom Cloud is extremely flexible and therefore suitable for companies of every size.