Meet GDPR Compliance Requirements with NAVEX One
Your employees and customers’ data should be protected. Stay compliant with the General Data Protection Regulation (GDPR) with NAVEX One.
What is GDPR compliance?
The definition of GDPR compliance is the General Data Protection Regulation (GDPR). It is the world’s most stringent global privacy and security legislation. Originating from the European Union (EU) and enforced since May 25, 2018, it extends its mandates to organizations worldwide if they handle data about EU residents. The GDPR imposes severe fines on entities breaching its privacy and security protocols, with potential penalties amounting to tens of millions of euros.
Common GDPR compliance questions
Complying with GDPR is vital to your employees and customers but can be tricky to navigate. Here’s an insight into the inquiries you may face:
- How can we ensure our internal processes conform with GDPR reporting requirements and standards?
- What methodologies can we use to identify cybersecurity vulnerabilities and reduce the risk of data breaches?
- How do we ensure consistent compliance with GDPR training requirements for our staff members over the long term?
- What preemptive actions can we implement to oversee adherence to GDPR among our vendors, partners and affiliates?
The importance of GDPR in an organization
The General Data Protection Regulation (GDPR) stands as a cornerstone in ensuring individuals’ data privacy rights are respected and upheld by organizations. By adhering to GDPR guidelines, organizations can:
- Safeguarding personal data and foster trust – Compliance with GDPR demonstrates a commitment to protecting personal data and fostering consumer trust.
- Mitigate risks and ensure compliance – GDPR compliance helps organizations mitigate data breaches and non-compliance risks.
- Enhance data security measures – Implementing GDPR-compliant data security measures protects employee, customer and stakeholder privacy and strengthens overall data security infrastructure.
- Align with stringent data privacy standards – Compliance with GDPR demonstrates your commitment to upholding the highest data privacy standards.
How organizations can meet GDPR compliance requirements
The GDPR imposes comprehensive data protection and privacy requirements. To ensure compliance with these regulations, organizations should follow these essential steps.
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Educate employees on GDPR and best practices
Initiate your GDPR compliance efforts by educating all employees about the GDPR and the best practices for data protection. Training sessions should highlight the importance of safeguarding personal data, the specific obligations outlined in the GDPR, and the potential consequences of non-compliance.
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Develop GDPR-compliant privacy and security policies
Developing robust privacy and security policies aligned with GDPR standards is critical. These policies should encompass all aspects of data processing, including collection, storage, and sharing, and provide clear guidelines on consent management, data subject rights, and data breach notification procedures.
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Regularly monitor GDPR compliance measures
Continuous monitoring of GDPR compliance measures is essential for maintaining adherence to the regulation. Implement regular audits, risk assessment and internal reviews to identify and address any vulnerabilities or shortcomings in data protection practices.
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Manage relationships with data processors and third-party entities
Many organizations collaborate with data processors and third-party entities that handle personal data. It’s crucial to manage these relationships effectively to ensure GDPR compliance. Establish comprehensive contracts and oversight mechanisms to verify compliance with GDPR requirements and mitigate any risks associated with data processing activities. Review and update these agreements to reflect regulatory obligations or changes in business practice.
How NAVEX One helps you meet GDPR compliance requirements
Learn how our suite of NAVEX One solutions keeps you compliant with data protection laws.
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Ethics & Compliance Training
Educate and engage your people with online training that speaks in their language, to their experiences.
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Policy & Procedure Management
Centrally manage your entire policy and procedure lifecycle.
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WhistleB
Start up or scale a speak-up program in days, not months, with NAVEX WhistleB.
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EthicsPoint Professional
Prove you value what your people have to say with NAVEX One EthicsPoint whistleblowing and incident management software.
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Third-Party Screening & Monitoring
Easily identify third parties that share your vision and safeguard your most valuable partnerships with NAVEX One.
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