General Data Protection Regulation Training (GDPR)
Governance, Risk & Compliance
The General Data Protection Regulation (GDPR) brings substantial change to the rules around personal data and its use. To ensure effective compliance by May 25, 2018, your organization needs to have managers in place who understand the requirements of the GDPR and are well equipped to plan, implement, and maintain a compliance program. In some instances, there will also be a requirement for your organization to appoint a suitably qualified and trained data protection officer (DPO), who will report to the board.
The General Data Protection Regulation (GDPR) is a regulation that will enforce a stronger data protection regime for organizations that operate in the European Union (EU) and handle EU citizens’ data. GDPR constitutes the protection of personal data of employees, customers and others. In case organizations fail to comply with this regulation, they will be subject to heavy fines and damaged reputation. Considering that personal data represents critical and sensitive information that all organizations should protect, such a regulation will help put in place appropriate procedures and controls to prevent Information Security breaches. By May 2018, all organizations that operate in the EU should comply with this regulation.
Information Security is crucial to the success of any organization since it deals with the protection of sensitive data from unauthorized access, use, replication and destruction. As such, organizations should put in place measures and controls to manage and diminish Information Security risks and comply with GDPR requirements. In case organizations fail to comply with the GDPR requirements, the penalties can reach up to 2% of an organization’s annual turnover. Also, in case of more serious infringements, the penalties can amount to 4% of an organization’s annual revenue. The implementation of a Privacy Framework, on the other hand, will allow professionals to develop and implement reliable controls that are generally accepted.
Benefits of the General Data Protection Regulation Training
- Protect an organization’s reputation
- Minimize security incidents
- Build customer trust
- Retain existing customers and attract new customers
- Facilitate data access
- Ensure a stronger enforcement of rules
- Enable accurate storage of customer data
- Enable adequate access control
