It has now been over 2 years since the General Data Protection Regulation (GDPR) came into effect. As most will now know, these regulations have dramatically increased the onus on organisations to take a proactive approach to data effective governance and reduce their exposure to Legal Governance, Risk and Compliance (Legal GRC) challenges.
The monetary penalties for failure to comply with data protection are potentially severe. The reputational damage can fold businesses. Recent enforcement actions from supervisory authorities across Europe have demonstrated that organisations must take stock and ensure they establish and maintain compliance to avoid the detrimental consequences.
Dr. Donald Macfarlane, Partner at SBP Law, joined Exterro to discuss recent enforcement actions taken by various European supervisory authorities, including the ICO (UK), the BfDI (The Federal Commissioner for Data Protection and Freedom of Information - Germany) and the CNIL (France).
Some of the main topics discussed included:
- Privacy by Design, Data Inventory and Data Retention
- Practical steps organisations can take to mitigate risk
- How new technologies can help to establish compliance and demonstrate defensibility
The webinar panel was hosted by Data Protection World Forum. The on-demand video replay can be viewed here.