The GDPR (General Data Protection Regulation) is a new EU Regulation that significantly enhances the protection of the personal data of EU citizens and increases the accountability of organisations who collect or process personal data of EU citizens. It has come into force on 25th May 2018. The regulation built many requirements for data privacy and security, and adds harsher penalties for violations.
If you control or process the data of EU citizens and based in or outside of the EU, the GDPR will apply to you.
QRC provides the below listed pioneering, hassle-free and cost-effective services for the GDPR Compliance:
Let QRC become your GDPR compliance partner, by assisting and assessing you at each step right from defining the scope until the release of certificates.
Already GDPR Compliant..? By conducting the GDPR Quarterly Health Checks, QRC will provide you the insights on:
Since, this is the newest compliance standards released this year, there are many talks going on about what is exactly GDPR?
Let QRC conduct the awareness training for GDPR and help you understand both what GDPR is and What GDPR is not.
Get all the ve-mentioned services and their benefits in one go with our “GDPR Annual Maintenance Service” and ensure a successful, fully compliant GDPR part of your business as usual.
With the help of QRC Data Discovery Tool, extract insights and patterns of sensitive data stored in business critical systems such as personally identifiable information.
This will not only help secure PII but will also save your organisation from any possible data breach complications.
Companies who are GDPR compliant significantly reduce their risk of a breach, and therefore, their exposure to penalties and reduce the reputation loss.
When your business in GDPR compliant, you can demonstrate to your customers that their information is secure with you.
The enhanced customer trust will ultimately result in increased business.
While implementing GDPR, you will be identifying precisely what sensitive information you hold on about people. This will give the scope to minimize the data you collect and hold, better organize storages and refine data management processes.
Complying with the requirements of standard helps an entity to reduce reputation loss because if the data has been compromised, it has negative affect om business reputation.
76% of the organizations recognize the need to comply with their own information governance policies as the leading factor in their GDPR compliance journey whereas 63% of those who are familiar with the requirements and impact of GDPR continue to lag behind in compliance. This indicates that there is a strong need for businesses to design and implement robust governance structures, as well as appoint or train their Data Privacy Officer (DPO) to set them up for success in their new roles.
Source: A study released by EY titled “General Data Protection Regulation (GDPR): The paradigm shift in privacy”