GDPR Readiness Assessment
GDPR | EU General Data Protection Regulation
What is General Data Protection Regulation (GDPR)?
GDPR is a European Union regulation that aims to protect the personal data of EU Citizens. GDPR is considered regulation which means that once the GDRP was published on May of 2016, it immediately became law in all EU member states. This is in contrast to how EU directives function, where each country interprets directives into their own laws. A regulation is implemented verbatim to ensure consistency across all EU members.
The GDPR is coming. Is your organization ready?
The General Data Protection Regulation (GDPR) becomes enforceable on May 25, 2018. Organizations are ramping up their GDPR compliance efforts to account for the significant changes in policies, practices and controls that will be required to meet the new and enhanced privacy obligations. In addition to brand and reputational damage, failure to comply with GDPR can result in large fines and penalties. Data subjects and collective groups also have the right to take data controllers to court and sue for damages.
How does GDPR impact companies outside the EU?
GDPR focuses on protecting the individual. This means the personal data of EU citizens is protected regardless if a non-European company is managing the data. If an organization touches the personal data of EU citizens, then that organization needs to protect it as per the GDPR…no matter what country the company is based out of.