The EU's General Data Protection Regulation commonly known as GDPR. So, the Entrepreneurs better buckle up with their strategies to makes their organization a GDPR compliant so that their business can evade the risk of incurring severe financial penalties.A renowned research company has alleged that over 50% of the companies in EU may not be able to comply with the directives of GDPR and they may stand exposed in the years to come.
The EU's General Data Protection Regulation commonly known as GDPR. So, the Entrepreneurs better buckle up with their strategies to makes their organization a GDPR compliant so that their business can evade the risk of incurring severe financial penalties.A renowned research company has alleged that over 50% of the companies in EU may not be able to comply with the directives of GDPR and they may stand exposed in the years to come.This article intends to guide the organizations to understand the necessities required to comply with the GDPR. Through this discussion you should be able to strategize your business plans to meet the toughest requirement of the GDPR.
To make the personal Data of EU citizens secure the European government has outlined a detailed report under the GDPR Act. This Act will monitor the entire process of Data Collection, Storage, Processes and also the way the Data is destroyed. The personal Data of a citizen includes a range of details of an individual such as Name, Address, Bank Details, Religion, Mental & Physical health, their mobile device IDs, web cookies and IP addresses.
To meet the compliances of the GDPR it is imperative to understand the whole idea of GDPR. It should not be seen as another IT security project, on the contrary, it should be considered as a comprehensive business project. It is, in fact, a considerable undertaking for the company to ensure the public that their personal data will be utilized for the right purpose and that its safety will not be compromised.
GDPR compliance is not only the outcome of the deliberations of some European bureaucrats but is also a guideline for the companies who can introspect in their data models and understand that how well can they manage the data model throughout their business lifecycle. The GDPR compliance has used the automated technology an processes so that even the small-scale companies can also comply with the GDPR norms.
The GDPR clearly outlines the difference between the Data processor and Data controller. The Data Processor is responsible for processing the Data whereas the Data controller is the one who decides the channel and intent of the Data usage. The Controllers are mandated to use the processors considering all types of appropriate technical and organizational measures.
GDPR mandates every organization to deploy a person responsible for monitoring all the core activities that involve a regular and systematic flow of Data subjects at a big scale. The prerequisite of the DPO should be the one who is an expert in knowledge of Data Protection Law and practices.
DPIA (Data Protection Impact Assessment) is a tool that is used for handling all kinds of sensitive personal data. This tool helps to understand the possible impact of the processing activities that are taken place on people whose data is being processed.
