Scope of GDPR and Need for Compliance
GDPR covers all companies processing and holding the personal data of data subjects residing in the European Union, regardless of the company’s location. Personal data refers to any information related to an identified or identifiable natural person. This wide scope of GDPR means that companies around the world dealing with EU citizens need to comply. Even businesses with no physical presence in Europe are required to comply if offering goods or services to EU residents or monitoring their behavior.
While the core goal of GDPR is to protect EU individuals and give them control over their personal information, businesses also benefit from compliance. A well-organized approach helps build customer trust and strengthens the relationship through transparency. Non-compliance, on the other hand, poses serious financial and reputational risks. Many organizations, especially small and medium sized companies, lack the internal expertise, resources, and manpower required to comprehensively understand and implement GDPR Services requirements. This is where specialized GDPR services prove extremely helpful.
Key GDPR Compliance Services
GDPR compliance projects typically involve five key stages – Gap Analysis, Implementation Planning, Technical Implementation, Audit and Certification, and Ongoing Maintenance. Specialized service providers assist organizations through each stage:
– Gap Analysis
The initial step involves a thorough assessment and audit of the organization’s existing privacy and data protection policies, processes, and systems against GDPR Services requirements. Gap Analysis reports identify any non-compliant areas to prioritize remediation.
– Implementation Planning
Based on Gap Analysis findings, a customized Implementation Plan is devised listing strategic recommendations and a project schedule. The plan guides organizations on required changes to policies, staff training needs, technological upgrades needed for compliance like data mapping.
– Technical Implementation
Specialized GDPR consultants work with in-house teams to execute technical upgrades suggested in the plan. This involves integrating new systems for data mapping, access restriction, security controls, data subject requests handling, and more to bring processes and infrastructure in line with GDPR.
– Audit and Certification
Post implementation, a formal GDPR audit is conducted by accredited third-party auditors to certify compliance. Any minor gaps identified are remediated with consultant support. Certification provides assurance to regulators and customers.
– Ongoing Compliance
Compliance must be an ongoing process due to evolving privacy regulations. Consultants provide recurring reviews, training and advisory services to ensure sustained compliance even after major projects. Rapid response GDPR assistance is also available to address any non-compliance issues that may arise.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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