What is General Data Protection Regulation (GDPR)?
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.
Why is the General Data Protection Regulation important for you?
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.
General Data Protection Regulation guidance for Australian businesses
The Office of the Australian Information Commissioner (OAIC) has published new guidance for Australian businesses on the European Union’s General Data Protection Regulation (GDPR) requirements.
From 25 May 2018 Australian businesses of any size may need to comply with the GDPR if they have an establishment in the European Union (EU), if they offer goods and services in the EU, or if they monitor the behaviours of individuals in the EU.
The GDPR includes requirements that resemble those in the Privacy Act 1988, and additional measures that similarly aim to foster transparent information handling practices and business accountability around data handling.
In the lead-up to the commencement of the GDPR requirements, businesses should confirm whether they are covered by the GDPR, and if so, take steps to implement any necessary changes to ensure compliance. (Source)”
Benefits of the Data Protection Training
iQuality Services offers in Australia and throughout the Asia-Pacific region consulting services and in collaboration with PECB training courses with exam and certification on Data Protection according to GDPR that will help you to:
- 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
Learn more about the General Data Protection Regulation through PECB’s training courses listed below. During the training course you will learn all the necessary tools and methods that will enable you to assist your organization in achieving and maintaining its compliance with GDPR requirements.