The General Data Protection Regulation Can Put Your Company Out of Business
Chatsworth, California (PRWEB) September 21, 2017 -- The General Data Protection Regulation is a European Union law that is designed to unify the privacy laws across all EU countries to protect the rights of the EU citizens and their personal information.
GDPR has the most stringent requirements and penalties that can affect many organizations operating within the EU as well as international organizations outside the EU that offer goods or services to individuals in the EU.
GDPR was adopted on April 27, 2016 and becomes enforceable on May 25, 2018 which leaves very little room to prepare for compliance.
In summary, all global organizations that collect and handle the personal data of the European Union citizens must comply with GDPR to protect the rights of the citizens and their personal information. The penalties for non-compliance can range between 2-4% of total global annual turnover or €10-20 million, whichever is higher.
“Due to the increased penalties and strengthened sanctions, GDPR will lead to more aggressive enforcement practices when compared to the Data Protection Directive which GDPR supersedes” says Henry Bagdasarian, Founder of Identity Management Institute. “GDPR can put any negligent company out of business with its stiff penalties” he continues.
GDPR Video Course
To help organizations comply with GDPR, Identity Management Institute has produced a comprehensive General Data Protection Regulation video course to help organizations and their staff learn about the GDPR regulation and how to comply with its requirements.
The GDPR video course is a completely self-paced online course with unlimited access across any and all devices. The video becomes available immediately upon enrollment and never expires so students can go back to reinforce their knowledge.
Data Protection professionals and business managers can greatly benefit from the GDPR video course. The course is designed for busy professionals and covers all critical requirements of the GDPR. The video:
• Describes the regulation,
• Explains the requirements, and
• Lists specific compliance action steps.
About Identity Management Institute
Identity Management Institute (IMI) is a leading international organization which provides thought leadership, training, and professional certifications to its global members in various areas of information security with a focus on identity and access management governance, processes, compliance, and technology risk management.
IMI services validate the skills of its members to advance in their careers, and, gain the trust of the business community to hire certified members for managing their identity and access risks.
As it relates to data protection, Identity Management Institute manages the Certified in Data Protection (CDP) training program and designation including its study materials and examination.
Eileen Nazarians, Identity Management Institute, http://www.identitymanagementinstitute.org, +1 (800) 393-4210, [email protected]
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