The General Data Protection Regulation (GDPR)
The EU General Data Protection Regulation (GDPR), was approved by the EU Parliament on 14 April 2016. This regulation is set to significantly change the Privacy landscape in Europe and beyond once it comes into force on 25 May 2018.
Regulators will be given the power to fine organisations up to 4% of global annual turnover. This alone is set to escalate Privacy and Data Protection to being a top ten risk for most organisations.
In addition to increased fines, the GDPR also introduces a range of complex requirements that organisations will need to adhere to. Time is running out for the implementation of potentially significant changes and organisations need to act now.
What is Privacy and why is it important?
What questions should organisations be asking?
How can KPMG help?
Our Privacy Management Framework is used as the foundation for delivering a range of services, including:
Assessment: Performing a Privacy Maturity Assessment to understand the effectiveness of existing Privacy controls.
Design: Defining the desired state Privacy maturity and building a roadmap to enable the organisation to reach it.
Implementation: Supporting the implementation of pragmatic, robust and fit- for-purpose Privacy controls.
Monitoring: Performing recurring reviews to verify that the defined Privacy controls continue to operate as designed.
Read more about key differences between Malta Data Protection Act and the GDPR changes here.
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