How will the General Data Protection Regulation (GDPR) impact Not-for-Profit organizations?

By Keiter CPAs

How will the General Data Protection Regulation (GDPR) impact Not-for-Profit organizations?

The EU’s new data protection regulation, GDPR, takes effect on May 25, 2018. Both for-profit and not-for-profit organizations will have to comply with the new regulations or face significant fines. The GDPR will affect certain not-for-profit organizations that collect personal information from citizens of the EU.

Since donor, supporter, and volunteer data collection is vital to not-for-profit organizations, it is extremely important to have policies and procedures in place to ensure the organization is GDPR compliant. John DeMarzo, a member of our Cybersecurity team, shares an explanation of GDPR and how to comply in his article, “What companies need to know about General Data Protection Regulation (GDPR)”  

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Keiter has developed a GDPR-focused cybersecurity risk assessment program and can help benchmark your compliance and develop the policies and procedures your organization needs to comply. Interested in learning more about our assessment program? Contact our Cybersecurity Services team or Email | Call: 804.747.000

 

Additional Cybersecurity Resources

GDPR resource

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Keiter CPAs

Keiter CPAs

Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

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The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.

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