What is the General Data Protection Regulation?
The General Data Protection Regulation (GDPR) is the European Union’s updated framework for data protection, replacing the previous Data Protection Directive in effect since 1995. It applies to all organizations that process personal data, regardless of industry or size.
The regulation aims to grant EU citizens greater control over their personal data while introducing stricter obligations for organizations that collect, store, or manage such data.
GDPR emphasizes transparency, confidentiality, and the lawful processing of personal information, placing significant importance on data security.
The regulation came into force on May 25, 2018.
What Should Companies and Organizations Do?
To comply with the GDPR, businesses must:
- Obtain clear and informed consent before collecting or processing any personal data.
- Implement appropriate security measures to safeguard data and report any data breaches to the relevant authorities.
- Maintain records of all data processing activities.
- Develop and enforce policies for data retention and deletion.
- Provide continuous staff training and apply best practices for data protection.
How to Get Started
Stage One: Awareness & Applicability
- Ensure company stakeholders understand the GDPR and the changes it introduces.
- Evaluate whether and how the GDPR applies to your organization.
Stage Two: Data Mapping & Risk Assessment
- Identify and document the types of personal data your company collects and stores.
- Assess and record the procedures in place for processing this data.
- Maintain a list of individuals with access rights.
- Evaluate current security measures and identify potential data protection risks.
Stage Three: Ongoing Compliance & Training
- Reassess all data protection practices regularly.
- Provide continuous employee training and remain up to date with international best practices.
- Maintain compliance through ongoing review and process improvement
- Data Protection and Content Liability Insurance
With the increased importance of safeguarding personal data, the market now offers Data Protection and Content Liability Insurance programs. These provide companies with tools to manage compliance responsibilities and reduce the risks associated with data breaches or the loss of sensitive information.
Infostep is here to help.
Our team offers practical guidance and support to ensure your business remains compliant and runs smoothly under the current legislation.
Contact us: 211 850 40 50
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