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Online seminar presented by
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Privacy Shield for Data Protection is dead:
Implications and practical solutions following the recent judgement in the EU courts
BABC Carolinas Chapter and NACD Carolinas Chapter are co-sponsoring The Trust Bridge seminar that will examine the practical implications of consequences for your organization as a result of this significant judgement.*
The Trust Bridge is a global data protection and privacy regultation advisory company.
Seminar to explain the key issues of your organization's data flow, plus FREE 15 minute one on one consultation
August 12th 2020 at 1.30 pm ET / 10.30 am PT via Zoom
(Register below)
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Do you know where you data flows to and from?
Do you deal with customers resident in the US and EU or UK?
Do you need a representative office in the EU or UK?
This seminar will be run by Malcolm Dowden, Legal Director of Transatlantic Law Firm, Womble Bond Dickinson, David Clarke, FBCS, CTO of The Trust Bridge together wth Jonathan Bowker of Innovative Integrations. This seminar and the following one on one assessment will give you a prioritised plan of action to ensure GDPR/ Data Privacy regulation alignment
Register for this seminar below:
Member Price: Free to members in good standing at any BABC or NACD chapter in the USA.
Non member price $55
FREE 15 MINUTE CONSULTATION
Following the webinar, all attendees will be offered a free 15 minute video conference consultation to discuss your organization's specific situation on one of the following 3 issues:
1. For UK based organisations: consultation to discover if data is flowing to the USA or other countries
2. For US based organisations: a consultation to determine if you require an EU or UK representative office (as per Article 27 under GDPR) thus mitigating the risk of 10 million Euro fine
3. For all organisations: preparing for Brexit and UK GDPR compliance
*On July 16th 2020 the European Court of Justice ruled that the EU-US Privacy Shield arrangement was unlawful. The judgement gives greater power to EU regulatory authorities to suspend or prohibit EU-US transfers of personal data, and potentially poses a threat to organisations who are not prepared. It also brings into question the validity of standard contract clauses any organisation may rely on to legitimise international transfers of personal data.
Why should this affect you and your organisation and why should you take notice and take action now?
You could be in breach of the Data Protection Regulations around the world and subject to an immediate fine of up to €20 million ($22 million) or 4% of global annual turnover (whichever is higher).
You may be forced to SUSPEND or CEASE business with those 3rd parties to and from whom you transfer personal data.
In this webinar Malcolm Dowden of Transatlantic law firm WBD, Jonathan Bowker CEO of Innovative Integrations and David Clarke of The Trust Bridge will examine the key issues which should concern every CEO and Board director. They will also look at a fast seamless way to identify if your organisation is potentially in breach and thus subject to a fine of up to €10 million fine, and what to do to avoid that.
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Be aware of any transfers of personal data to the US; and
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More precisely, be aware of the particular US States to which personal data is being transferred; and
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Seek specific confirmation that the receiving State affords meaningful protection and that this is covered in your contract clauses.