GDPR Assurance and Assessment Services

GDPR Assurance and Assessment Services

The General Data Protection Regulation (GDPR) (EU) 2016/679 is a regulation in EU law on data protection and privacy for all individuals within the European Union. It also addresses the export of personal data outside the EU. GDPR replaced the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizens’ data privacy and to reshape the way organizations across the region approach data privacy.

There is a substantial impact on organizations that operate globally.

Who is affected?

The GDPR is applicable to every organization or business that collects or processes data pertaining to European Union citizens – irrespective of the location you operate your business from.

What are the penalties for non-compliance?

GDPR levy severe penalties (up to 4% percent of a company’s global turnover or €20M/ $22.8M, whichever is higher) and supersede all existing legislation.

To comply with new GDPR requirements effectively, organizations need to assess their current position and readiness to meet the new regulation. Given the complexities and lack of information about where and how data is held, this may not be straightforward. This should be followed up by a detailed GDPR readiness assessment to identify specific areas of non-compliance.

As a data controller, the organizations and businesses operating globally are now responsible for identifying the correct control structure and processes in place, that will -

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GDPR is the now the new standard for Data Security

The GDPR is now the new standard for data security that organizations and businesses subject to the GDPR must comply with. This new regulation require that organizations and businesses MUST implement both operational and technological procedures to ensure the security of this data and are purposed to shield the confidentiality and privacy of individuals situated in the EU.

Notification of Data Breaches to Authorities

Once an organization or business is subject to the GDPR becomes aware of a data breach of personal or sensitive personal data, they have a 72-hour window to notify the relevant supervisory authority of the breach. Furthermore, they must alert data subjects individually of any personal data breach that has a high risk to their individual rights and freedoms.

Ability to Demonstrate Compliance Posture

Organizations and businesses must understand the security requirements given directly or indirectly by a data protection authority to establish compliance. They must also align their environment and data with the secure controls that meet these precise requirements.

Right to Data Portability

Data subjects have the right to data portability, which means they can request the personal data they have provided to a controller in “a structured, commonly used and machine-readable format” to give it to another data controller as needed.

Right to Erasure (Right to be Forgotten)

A data subject has the right to demand the erasure of his or her private or personal data held by a data controller, subject to certain conditions, this requires that organizations have a very clear legal understanding of why they are processing data, the appropriate legal bases, and when required, a technological ability to erase all impacted data promptly.

Right of Access

Data subjects have the right to know if and when their data is moved or transferred to a third country or party or an international organization, along with the safeguards in place to ensure ongoing protection of the data after transfer.

Security of Processing

Data controllers are required to implement technical, operational and organizational procedures to guarantee an appropriate level of security is in place for all processing activities with data. These activities include, but are not limited to, pseudonymization, encryption and regular testing of organizational and technical measures.