General Data Protection Regulation (GDPR) Services

The General Data Protection Regulation (GDPR) is one of the most recent regulations designed to strengthen data individual data security for people in the European Union (EU) countries. GDPR went into effect on May 25, 2018. Its objective is to give people more control over the way their personal data is used, to protect personal information from loss and unauthorized access, and to unify regulatory policies within the EU.

It is now mandatory for businesses with operations in the EU to comply with GDPR regulations. However, compliance presents challenges to a majority of global businesses. It is not a simple directive but a regulation with steep penalties for non-compliance. You could easily be fined up to 4 percent of your annual revenue or 20 million Euros, whichever is great, for non-compliance.

At Venkon, we believe compliance with GDPR is a good opportunity for companies that conduct business in EU countries to improve their risk management practices. The only major challenge businesses have had to face in complying with this regulation is the tight deadline. Fortunately, our skilled GDPR Certified professionals are experienced in all the security requirements of the regulation and will help your company become GDPR compliant in the most cost-effective way. We’ll provide you with step-by-step guidance on how to become GDPR compliant.

Benefits

Benefits of GDPR

Improve your organization’s data security

Provide your website visitors with clearly worded consent rules

Demonstrate your company’s transparency in the management of personal data

Get better data security with tools such as encryption and data breach reporting procedures

Increase return on investment (ROI) with better customer loyalty and trust

Comply with the EU data collection and management regulations

Avoid hefty fines for non-compliance

FAQs

Answers to your questions

What is General Data Protection Regulation (GDPR)?

GDPR is the latest data and privacy regulation that is designed to strengthen individual data security for citizens of European Union countries. The objective of this new regulation is to give people greater control over the way companies use their personal information. GDPR aims to protect individuals’ personal information from unauthorized access and loss and to unify all the regulatory policies in the European Union.

When did the GDPR regulation come into effect?

GDPR was first adopted by the European Union Parliament in April 2016. It came into effect two years later. It did not need any legislation to be adopted and passed by the government and finally came into force on May 25th, 2018.

Who is affected by the regulation?

GDPR does not just apply to companies located within the EU but also applies to businesses, organizations, and individuals located outside the EU but with businesses that sell goods and services to, or monitor the behavior of people in, the European Union countries. The regulation applies to all people and companies holding or processing personal information of subjects residing in the EU, regardless of the organization’s location.

Is GDPR compliance mandatory?

It is mandatory for every business operating in the EU or handling personal details of people in the EU to comply with GDPR regulations. Given the expansive nature of the Internet, this basically applies to everyone with a website, landing page, or any other web property that has a global reach. GDPR compliance poses a challenge to a majority of businesses with a global reach. It is not just a directive but a strict regulation with hefty penalties for non-compliance.

What is the penalty for GDPR non-compliance?

An organization that fails to comply with GDPR regulations can be fined up to 4% of their annual worldwide turn over or €20 million. This is the highest penalty that can be levied on a company for the most serious violation such as lack of sufficient consent from the customer to process his or her data or violating the privacy by Design concept.

What is defined as personal data in GDPR?

GDPR defines personal data as any information related to an identifiable person. This is information that can be used directly or indirectly to identify a real person. The regulation provides several definitions for personal identifiers including name, ID number, location, online identifier and much more.

How can Venkon help with GDPR compliance?

It is our belief at Venkon that GDPR compliance presents a good opportunity for organizations and businesses with operations in the EU to improve or demonstrate their good risk management practices. The key challenge faced by most businesses in complying with the regulation is its deadline which seemed too sudden for most companies. Fortunately, Venkon’s expert GDPR certified professionals have all the knowledge, skills, and expertise to help your company achieve compliance in the fastest and most cost-effective way. Talk to our friendly customer support to learn how we can help you to achieve GDPR compliance today.

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