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GDPR—Navigating a Regulatory Minefield

Blog: Capgemini CTO Blog

With the European Union’s General Data Protection Regulation due to come into force on May 25, 2018, adopting a number of best practices can help organizations prepare for this brave new world.

The General Data Protection Regulation (GDPR) represents the most important change in the European Union’s (EU) data privacy regulations in the last 20 years. The aim of GDPR is to protect EU citizens and residents regarding the processing of personal data and the free movement of such data, and applies to all companies processing the personal data of data subjects residing in the EU, regardless of the company’s location. Under GDPR, organizations in breach can be fined up to 4% of their annual global turnover or €20 million—whichever is greater.

Enforceable from May 25, 2018, business leaders should be proactive in asking questions such as:

Although most organizations have already started various GDPR projects in some form or another—including data discovery, inventory, minimization, anonymization, records’ management, breach management and clause review—there are several best practices organizations can adopt to help them prepare for the regulatory changes:

Considering these principles and best practices will help your organization continue effective and efficient implementation of a GDPR compliance program well in advance of the May deadline.

To learn more about how our governance, risk management and compliance (GRC) services can assess your GDPR compliance and help save time and money for your clients, contact: gopichand.patibandla@capgemini.com

Click here to learn more about how Capgemini’s GDPR portfolio can enhance your reputation and deliver real business value.

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