Prepare your organization for the new regulation
The General Data Protection Regulation (GDPR) contains many requirements about collecting, storing, and using personal information, including how you:
- Identify and secure the personal data in your systems
- Accommodate new transparency requirements
- Train privacy personnel and other employees
- Detect and report personal data breaches
There’s a lot to do to get ready; we suggest that you begin reviewing your privacy and data management practices now so that you can take steps to comply before the regulation takes effect in May 2018. Failure to comply with the GDPR could prove costly, as companies that do not meet the requirements and obligations could face substantial fines and reputational harm.
There are four stages of GDPR compliances