General Data Protection Regulation (GDPR) requires additional steps that data processors and data controllers must take to protect personal data, and disclose any data security breach to the public, GDPR regulators can impose large, monetary fines for those in non-compliance. Additional penalties that can occur may not be monetary, but can carry a large consequence.
Consequences of non-compliance
As defined in the GDPR, personal data is any information that relates to a natural person—or “Data Subject”—that can be used to indirectly or directly identify that person. As our modern identity becomes increasingly intertwined with cloud-based and online information, the protection of personal data is becoming a fundamental right.
Though many organizations may wonder about the driving force behind the the regulation, an updated regulation is needed, as the Data Protection Directive was enacted in 1995. To reminisce about the state of technology back (Read more...)
*** This is a Security Bloggers Network syndicated blog from Cimcor Blog authored by Jacqueline von Ogden. Read the original post at: https://www.cimcor.com/blog/the-cost-of-gdpr-non-compliance