The General Data Protection Regulation (GDPR) came into force a few years ago with the aim of creating appropriate regulations for the digital age we live in. Often, implementing the regulation leads to real headaches. Nevertheless, it's important to emphasize and consider all the benefits it brings to companies. This way, it's not just about mere compliance with the regulation, but actually trying to implement it in the best possible way. That's why, in this article, we explain why your company should comply with GDPR and how it can achieve this.
GDPR is essential for achieving a lasting relationship with your customers based on trust. The regulation ensures that users can decide whether or not they want to be analyzed, tracked, or receive advertising from companies; in other words, it guarantees the right to informational and advertising self-determination. Thus, if you have up-to-date regulations and compliance, you'll be meeting three basic principles: lawfulness, fairness, and transparency. Principles strongly demanded by today's society.
Non-compliance with GDPR means facing very high fines. In fact, penalties can be up to €20,000,000 or 4% of total annual worldwide turnover from the preceding financial year, whichever is higher. Moreover, a company that doesn't comply with the regulation also faces moral and ethical scandals, which are even more damaging and carry serious reputational risks.
Companies are increasingly conducting exhaustive evaluations of the suppliers they're going to work with. This is because, if a supplier breaches personal data confidentiality, organizations can be affected (both by high fines and ethical scandals). Therefore, adhering to the regulation will also secure you as a supplier.
Between 60% and 80% of the data that most organizations pay to store is redundant, obsolete, and trivial data (also known as ROT). Because GDPR requires the destruction of unnecessary data, it also helps to be cleaner and have better control over the data being processed.
Even the most secure companies face risks. With proper GDPR implementation, you'll be prepared for the possibility of security breaches and data exposure. Your organization will know what data is being processed, and you'll have different defense mechanisms against this risk. Thus, these types of problems will be detected immediately and minimized as quickly as possible.
Subscribe and we will send you more like this from time to time. No spam, ever. Just thoughtful reads on the science of learning and how it meets critical business needs.
You can no longer base your privacy policy on outdated legislation. GDPR represents the current standard for data protection across the European Union, and staying current with this regulation is essential for any organization handling personal data.
Transforming the Boring into Dynamic and Motivating Learning
After emphasizing that GDPR compliance is mandatory, and analyzing the advantages it provides to all companies and public administrations belonging to the EU, how can it be that there are still organizations that continue to fail to comply with the regulation? Proper GDPR compliance requires technical systems and appropriate security measures. But this alone doesn't ensure complete compliance with the regulation. There's another essential element that must also receive special attention: the human factor. Training and developing all employees who are part of the company is fundamental to making them aware of the responsibility we all have to achieve GDPR compliance.
Although sometimes not everything is that easy. Usually, corporate training on the regulation poses a challenge, as GDPR is often associated with fines and boring training. Consequently, employees don't take this type of training seriously. So, you'll be wondering, how can we change this? The secret lies in turning training into something dynamic that involves and motivates the user. In betting on efficient learning modules, easy to update as the regulation evolves and accessible to everyone from any device. This way, your entire organization will get involved in their own training and professional development. Your company will have the combination of appropriate security systems and well-trained employees. And as the saying goes... unity is strength! All these advantages will be within reach for your company.
Do you want to start designing efficient learning for your organization? Request our GDPR training course here, and adapt it to your company and employees.
https://drillster.com/en/gdpr-course/
