General Data Protection Regulation (GDPR): Getting Started with Data Privacy
The European Union General Data Protection Regulation (GDPR) will fundamentally change the way European Union private data is collected and protected. The EU has demonstrated a will to enforce exorbitant fines of up to 4 percent of the company annual revenues or 20 million Euros. The potentially debilitating penalties combined with the high probability of brand damage will ensure that risk-adverse companies will take comprehensive measures to comply in a timely fashion.
In addition to the organizational process requirements, the GDPR includes a number of specific technical requirements for protecting private data and the time limits for reporting data breaches.
We have attached a material prepared by Tryamm along with Blancco, a certified data eraser, on improving data management and complying with compliance rules.