What Should a Company's 2017 EU General Data Protection Regulation Budget Look Like?
Postponing a budget exercise until after the Article 29 Working Party (WP29)-the European Union's 28 privacy commissioners- released their official EU General Data Protection Regulation guidelines in English risked leaving businesses short of time.
The EU privacy commissioners and the European Data Protection Supervisor have, so far, published sufficient indications and guidelines for businesses to know what is expected of them in preparing for the GDPR, albeit not all in the same place or in the same language.
It is highly unlikely that the WP29 guidelines, due out in stages between the end of December and the first few months in the new year, will radically depart from what has been issued by other EU institutions or the national privacy commissioners themselves so far. There are no excuses for not having a GDPR budget in place before the end of 2016.