POPIA’s Deadline is 30 June 2021 – Ignore the “Fake Headlines” But Start Planning!
Don’t panic just yet, and ignore the many “fake headlines” in the media implying that you are at immediate risk of non-compliance, but at the same time don’t leave this to the last minute! Preparing for compliance is going to be a time-consuming affair, almost all South African businesses will need to comply, and the penalties for not doing so will be very severe indeed –
- You risk administrative fines of up to R10m;
- You could face criminal prosecution (with up to 10 years’ imprisonment);
- You could be sued for millions by anyone whose data has been compromised, and this is an instance of strict liability” in that no “intent or negligence” on your part need be proved;
- The loss of trust and the adverse publicity resulting if your data breach goes public could be devastating.
Provided by Marx Attorneys Notaries and Conveyancers
© DotNews. All Rights Reserved.