Tuesday, May 22, 2018

Europe inaugurates a personal data protection approach focused on risk analysis

This Friday GDPR (General Regulation of European Data Protection) will come into force, which requires companies to protect personal information of their customers in the EU (European Union). Faced with current regulations, which aim to give recommendations of a technical nature, with GDPR the risk analysis within companies will be crucial, and the DPO (Data Protection Officer) will be in charge of applying measures in the organization.

In the framework of the GDPR, companies that provide services in the region must notify authorities before leaks of clients’ personal data in no more than 72 hours; if the seriousness of the attack deserves it, they will even have to inform the affected users; and sanctions for non-compliance can reach 4% of annual global revenues, or € 20 million.

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