The General Data Protection Regulation (GDPR) is a comprehensive consumer privacy law adopted by the European Union (EU). It came into full effect in May 2018. The GDPR regulates the collection, use, storage, and processing of the personal data of individuals within the EU. As part of its purpose, the GDPR aims to give consumers…
Governance, risk, and compliance (GRC) is a strategy that organizations use to meet business goals. It also ensures they do so ethically, competently, and profitably. GRC is particularly important for organizations operating in regulated industries or with complex regulatory requirements. It involves creating policies and procedures to manage risks, ensure compliance with laws and regulations,…
The General Data Protection Regulation represents the European Union’s efforts to create one set of data privacy laws that regulate all member states. It required member states to adopt the regulations by May 25, 2018. Some countries made minor changes, but overall, it replaced the Data Protection Directive of 1995. The GDPR determines how organizations…