GDPR Compliance
By complying with GDPR, organisations can benefit from enhanced data quality, efficiency, and innovation.
What is GDPR?
GDPR stands for General Data Protection Regulation, a set of rules that aim to protect the personal data and privacy of individuals in the European Union (EU) and the European Economic Area (EEA).
The GDPR grants individuals certain rights over their personal data, such as the right to access, rectify, erase, restrict, or port their data, as well as the right to object to certain processing activities or withdraw consent.
The GDPR also imposes obligations on organisations that collect, process, or store personal data, such as the duty to inform, secure, report, and comply with the regulation. organisations that fail to comply with the GDPR can face hefty fines and legal consequences.
Why do you need to comply?
It is important to comply with GDPR for several reasons. First, complying with GDPR can help organisations build trust and reputation with their customers, partners, and regulators, as they demonstrate respect for the privacy and security of personal data.
Second, complying with GDPR can help organisations avoid legal risks and financial penalties, which can be up to 20 million euros or 4% of the global annual turnover, whichever is higher.
Third, complying with GDPR can help organisations optimize their data management and governance practices, as they adopt a data protection by design and by default approach, and implement measures such as data minimization, pseudonymization, encryption, and data breach notification.
Speak to an expertHow to achieve GDPR Compliance
Complying with GDPR can be challenging and complex, especially for small and medium-sized enterprises (SMEs) that may lack the resources, expertise, or time to understand and implement the regulation.
This is where working with a GDPR consultant can be helpful. A GDPR consultant is a professional who can assist organisations with various aspects of GDPR compliance, such as:
- Conducting a data protection impact assessment (DPIA) to identify and mitigate the risks of processing personal data
- Developing and updating a data protection policy and a privacy notice to inform data subjects about their rights and obligations
- Implementing technical and organisational measures to ensure the security, confidentiality, integrity, and availability of personal data
- Providing training and awareness programs to staff and stakeholders on GDPR principles and practices
- Establishing a data protection officer (DPO) role or function to oversee and monitor GDPR compliance
- Managing data subject requests, such as access, rectification, erasure, restriction, or portability
- Responding to data breach incidents and notifying the relevant authorities and data subjects within 72 hours
- Liaising with the supervisory authorities and cooperating with audits and investigations
- Saving time and money by outsourcing GDPR compliance tasks to an expert
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Speak to an expertGDPR Compliance FAQs
GDPR, or the General Data Protection Regulation, is a comprehensive data protection law enacted by the European Union (EU) to regulate the processing of personal data of individuals within the EU and the European Economic Area (EEA). It applies not only to organisations based in the EU/EEA but also to those outside the region that offer goods or services to, or monitor the behavior of, EU/EEA residents.
GDPR is built on several fundamental principles, including the lawful, fair, and transparent processing of personal data; the limitation of data processing to specified purposes; the minimization of data collection; the accuracy of data; the limitation of data retention; integrity and confidentiality; and accountability and compliance with GDPR requirements.
GDPR grants individuals various rights concerning their personal data, including the right to access their data, the right to rectify inaccuracies, the right to erasure (or "right to be forgotten"), the right to data portability, the right to restrict processing, and the right to object to processing for direct marketing or legitimate interests.
Non-compliance with GDPR can result in severe penalties, including fines of up to €20 million or 4% of the organisation's annual global turnover (whichever is higher) for serious infringements, such as violating the core principles of GDPR or failing to obtain proper consent for data processing. Additionally, regulatory authorities may issue warnings, reprimands, or orders to suspend data processing activities until compliance is achieved.