The General Data Protection Regulation, or GDPR, is a data protection law that applies to all companies worldwide that process personal data of European Union (EU) citizens.
The Big One
The GDPR is among the world’s most stringent data protection rules while delivering a far broader scope and stiffer punishment than any previous EU privacy legislation. Kairos Vision consult can help you evaluate how well your organization is addressing the regulation, identify gaps that need filling and ensure you are doing all you can to securely handle personal data.
GDPR: Fast Facts and Consequences
- The GDPR applies to all companies worldwide that handle the personal data of EU citizens and consists of six privacy principles involving how personal data is collected, processed, and stored.
- The goal of the regulation is to harmonize data protection laws across the EU’s 28 member states and get the continent ready for the digital age.
- It aims to give citizens control over their personal data and to simplify the regulatory environment for business.
- Violators face fines ranging on the higher end of €20 million or 4% of global turnover, whichever is greater, to the lower end of €10 million or 2% of global turnover, whichever is greater.
Strategically Improve Your Compliance
Helps you understand the scope of the regulation and the requirements, and the extent to which your entire organization has to engage in addressing the regulation.
Privacy and Information Security Risk Assessment
Helps you holistically and strategically assess how well your organization is addressing requirements, and develop a plan for remediating weaknesses.
Data Privacy Impact Assessment
Helps you evaluate ongoing compliance with your high-risk processes, as required by the GDPR.