General Data Protection Regulation (GDPR)
The General Data Protection Regulation (GDPR), is a regulation adopted by the European Union (EU) on 14th April 2016. It regulates the processing of personally identifiable information (PII) of natural persons within EU (called as ‘Data Subjects’ within the regulation). The regulation specifies obligations of Data Controllers and Data Processors operating within or outside the European Union. A single data breach or its possibility may call for an action by a Supervisory Authority. The The action may range from a simple warning to a financial penalty upto 20 Million Euros.
ProcessLOGIX compliance consultants assist organizations (Data Controllers or Data Processors) to identify and mitigate gaps in complying to the applicable requirements of the regulation and ensure adequate compliance to prevent any unwanted situation (such as a regulatory action or loss of business due to non-compliance.