GDPR, that’s fine! Before 25th May 2018 many companies were unsure how the GDPR legislation (actually called the UK Data Protection Act 2018 – aka UK DPA 2018) would affect their business practices. In the run-up to the legislation, the headlines focused on the potential for eye-watering fines for non-compliance (of up to 4% of…
Awareness Training – Helping Companies Navigate The General Data Protection Regulation
This course is aimed at providing companies with both introductory and annual refresher training for the General Data Protection Regulation (GDPR). Taking this course will provide the candidate with a brief overview of the following key aspects of the regulation.
Compliance Compendium’s CC Suite – Understanding What CC Does
Compliance Compendium, (in short CC), provides a range of services, training and tools to assist organizations, big and small, with their GDPR regulation needs. The Compliance Compendium Suite (CC Suite) provides uncertain companies a completely online toolkit, featuring various tools that can be integrated into a company’s existing system, to assist with GDPR management and…
Data Protection Impact Assessment and the GDPR
The General Data Protection Regulation (GDPR) came into effect during May 2018. The focus of the GDPR is on proper data handling and management. But why involve risk management in the picture? And why the need for assessments and all those things? RISK MANAGEMENT Risk Management broken down to the basics, is the identification of…
Automating GDPR Compliance
Since May 2018 GDPR Compliance has been the new buzzword going around. With its effects extending beyond the borders of the EU countries to all other country-based EU corporations as well as corporations handling sensitive information of EU citizens. But all this lingo aside – how do you comply with all this? Most small companies…
Incorporating technology in compliance
Compliance and data rights and protection for an individual might seem to be at loggerheads with each other. With the new GDPR regulation of May 2018, a person has a right to “be forgotten”. At a certain point in time you, as the consumer, may request that your data be deleted from a company’s database….
FinTech Vs RegTech – A Comparative Analysis
After the 2008 global financial crisis, (GFC), FinTech and RegTech development were prioritized, and while some believe that RegTech is the replacement for FinTech, it would be an untrue assumption. The question now is, what is the difference between FinTech and RegTech? FinTech FinTech, which is short for Financial Technology, covers the entire range of…
INDIVIDUAL RIGHTS
According to the GDPR, individuals have the rights to the following: THE RIGHT TO BE INFORMED When collecting a client’s personal data, an association is required to provide them with the reason for collecting their data, the holding time for the data as well as who it will be shared with. THE RIGHT OF ACCESS…
Keep your company GDPR compliant and out of the headlines – in a good way!
How many times have you filled out your personal details on a company website and just ticked the “T’s & C’s” block without even reading or thinking twice? Have you considered what happens to your information from there onwards? Or how many times have you slammed down the phone in anger at yet another telesales…
REPORT A BREACH
Organisations are required to report specific incidents that occur, such as a personal data breach, to the ICO. Compliance Compendium provides a tool to customers to use in the event of such a breach, or any issue leading to the loss or abuse of private discernible information. Not all personal data breaches need to be…
Will EU-GDPR 2018 Regulations Impact Indian Companies ?
WILL EU-GDPR 2018 REGULATIONS IMPACT INDIAN COMPANIES AND THEIR BUSINESS RELATIONS WITH EUROPEAN COMPANIES? The European General Data Protection Regulation (EU-GDPR) came into operation in May 2018. The average Joe would think only individuals and companies based in the European Union would be affected. But the impact of the EU-General Data Protection Regulation stretches far…
Regulatory Assessment Application
In this digital age, when most companies’ transactions are data-based and individual consumers now depend on GDPR (General Data Protection Regulations) to help protect their personal data and information, a regulatory assessment application becomes indispensable to ensure we as companies, stay compliant. In the past and until very recent, companies had to depend on expensive…