The EU General Data Protection Regulation (GDPR) replaces the Data Protection Directive 95/46/EC and is intended to synchronize data privacy laws across Europe, to safeguard and allow all EU citizens data privacy and to reform the way organizations across the region move toward data privacy. There is a sizeable impact on organizations that function globally.
With the help of GDPR Assessment programme, we can find the do the GAP analysis and Risk Assessment. The Best practices laid down for cybersecurity establishes a robust framework to address all the queries related to the GDPR compliances. This kind of assessment is applicable and valuable for all kinds of enterprises regardless of its size.
The basic objective of GDPR is to bring forth the current privacy and security structure of the organization. It also helps in understanding the plan and action of the organizations laid down for the implementation of GDPR. This also enables the organization to strategically plan and make their own tactical decisions.
At the onset of 2018 GDPR companies are busy in preparing themselves to meet the deadlines given for its implementation. The preparations are mandatory as Heavy fines will be levied in case of non-compliance with the policies. The implementation deadline is driving the organizations to aggressively begin their work GDPR. The starting step they can take is by making clear strategies in Data classification, Making guidelines for Data usage and Retention and baseline security controls. By doing this background work they can automate the entire process of GDPR compliance implementation and can also bring down the cost.
The basic objective of GDPR is of Data Protection rights to its citizens. These list of rights outlined in the GDPR are extensive and is certainly going to affect the various Business Models and processes in multiple ways.