General Data Protection Regulation
Upholding The Protection Of Personal Data
GDPR is the most authoritative privacy regulation that affects global organizations. It makes the entities responsible for the privacy and security of personal information. The regulation focuses on the concept of upholding individual rights while processing personal data.
The regulation also implements a hefty penalty in case of non-compliance – a maximum ﬁne of 4% of global turnover directly impacting organizational profitability. The associated loss of reputation and shareholder value would increase the residual risk that organizations need to manage. Hence GDPR compliance is a must-have for your operational procedure.