We're excited to announce that TLS are striving to comply with the newly enforced European General Data Protection Regulation (GDPR).
So, why are we sharing this with you?
For example, if you provide software, such as our bespoke software 'Fastlane', that engages European users, the GDPR regulations will require that you keep your European customers' data protected, per the standards set in GDPR. This will still apply even if you don't have an office or other presence in Europe.
GDPR will apply in all EU member states starting today. It was formalized on May 25, 2016, after all parts of the EU agreed to the final text.
TLS welcomes this law as a vital step forward in streamlining data protection requirements across the European Union and as an opportunity for TLS to deepen our commitment to data protection.
TLS are committed to both our partners' and clients' requirements, including compliance with the GDPR.
Similar to existing privacy laws, compliance with the GDPR requires a partnership between TLS, our clients and partners in their use of our services. TLS will comply with the GDPR in the delivery of our service to our partners and clients. We are also dedicated to helping our partners and clients comply with the GDPR. We have closely analysed the requirements of the GDPR and are working to make enhancements to our contracts and documentation with our software vendor, hosting and servicing provider to support compliance with the GDPR.
In order to become fully compliant with the law, we have put additional internal processes in place and received written undertakings from the suppliers of our hardware and software to ensure the security of our existing partners' and clients' data. In addition, TLS has appointed a Data Protection Officer and has incorporated GDPR principles in our product development planning.