{"id":1345,"date":"2017-04-25T19:30:00","date_gmt":"2017-04-25T19:30:00","guid":{"rendered":"https:\/\/crigroup.com\/?post_type=blog&p=1345"},"modified":"2022-03-30T13:07:06","modified_gmt":"2022-03-30T13:07:06","slug":"businesses-need-gdpr","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/businesses-need-gdpr\/","title":{"rendered":"Protecting Data: Businesses Needs GDPR"},"content":{"rendered":"
The General Data Protection Regulation (GDPR) will come into force in Europe in just over a year. This sea change in data privacy aims to improve protections for individuals within the European Union, providing them with more control over how their personal data is used.<\/span><\/p>\n It will also clarify and standardise how businesses are expected to operate regarding data protection from a legal standpoint. With this in mind, smart business owners and directors are already preparing for its implementation.<\/span><\/p>\n There is much work to be done, however. According to a whitepaper from the DMA, a membership-based network of more than 1,000 companies, over a quarter (26 per cent) of marketers feel their business is unprepared for the GDPR.<\/span><\/p>\n That\u2019s a problem. But there is time for organisations to take steps now and ensure they are ready for the GDPR when it took effect on May 25, 2018.<\/span><\/p>\n First, they should understand what the GDPR will require. According to \u201cGDPR compliance: what organisations need to know\u201d from the information age, the following are requirements of the new regulation:<\/span><\/p>\n On a disturbing note, several reports indicate that some companies in the UK have stopped preparing for GDPR due to Brexit. According to MarketingTech\u2019s \u201c24% of UK businesses have stopped preparations for EU Data Protection Regulations,\u201d fully 44 per cent of respondents to a survey believed \u2013 likely in error \u2013 that they will not fall under its jurisdiction. This is a dangerous assumption, as the article notes:<\/span><\/p>\n ‘Firstly, it is likely to be in place before any Brexit,\u2019 said director of information management at Crown Records, John Culkin. \u2018Secondly, although an independent Britain would no longer be a signatory, it will still apply to all businesses that handle European citizens’ personal information.\u00a0The fines associated with EU GDPR are significant. They can be as high as \u20ac20 million or 4% of global turnover.\u201d\u00a0<\/em>Looking ahead at the GDPR, it is far better to be safe than sorry. In this case, that means being prepared \u2013 or risk serious consequences.<\/span><\/p>\n Who is CRI<\/span><\/strong>\u00ae<\/span>\u00a0Group?<\/span><\/strong><\/p>\n Based in London, CRI\u00ae Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international\u00a0<\/span>Risk Management<\/span><\/a>,\u00a0<\/span>Employee Background Screening<\/span><\/a>,\u00a0<\/span> In 2016, CRI\u00ae Group launched\u00a0<\/span>the Anti-Bribery Anti-Corruption (ABAC\u00ae) Center of Excellence<\/span><\/a>\u00a0\u2013 an independent certification body that provides education and certification services for individuals and organisations on a wide range of disciplines and ISO standards, including\u00a0<\/span>ISO 31000:2018 Risk Management- Guidelines<\/span><\/a>;\u00a0<\/span>ISO 37000:2021 Governance of Organisations<\/span><\/a>;\u00a0<\/span>ISO 37002:2021 Whistleblowing Management System<\/span><\/a>;\u00a0<\/span>ISO 37301:2021 (formerly ISO 19600) Compliance Management system (CMS)<\/span><\/a>;\u00a0<\/span>Anti-Money Laundering (AML)<\/span><\/a>; and\u00a0<\/span>ISO 37001:2016 Anti-Bribery Management Systems ABMS<\/span><\/a>. ABAC\u00ae offers a complete suite of solutions designed to help organisations mitigate the internal and external risks associated with operating in multi-jurisdiction and multi-cultural environments while assisting in developing frameworks for strategic compliance programs.\u00a0<\/span>Contact ABAC\u00ae for more<\/span><\/a>\u00a0on ISO Certification and training.<\/span><\/p>","protected":false},"excerpt":{"rendered":" The General Data Protection Regulation (GDPR) will come into force in Europe in just over a year. This sea change in data privacy aims to improve protections for individuals within the European Union, providing them with more control over how their personal data is used. It will also clarify and standardise how businesses are expected […]<\/p>","protected":false},"author":1,"featured_media":2383,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,146],"tags":[],"class_list":["post-1345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compliance-solution","category-resources"],"gutentor_comment":0,"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\n\n\t\n\n